Is dropbox stock worth buying2/12/2023 Dropbox stock trades today around $19.50. Specifically, the share price embarked on a series of wiggles and wobbles, giving short-term trades plenty of dip-buying opportunities.įor long-term investors, however, it’s been a frustrating journey. Thus, the share price began a journey southwards, eventually reaching $14.55 this year.Īfter the onset of the coronavirus, an interesting thing happened to Dropbox stock. In hindsight, we now know that Dropbox stock wasn’t meant to trade at $40 back then. Those were good times for the bulls, but the euphoria didn’t last long. A Closer Look at Dropbox Stockīack in the summer of 2018, the bulls were on full display as they pushed the Dropbox stock price to the $40 level. Impressive fiscal results, combined with a campus connection that underscores Dropbox’s utility as a connector of businesses and people alike, should convince the skeptics that Dropbox stock deserves a higher price and will get it soon enough. Could it be an undiscovered treasure waiting to be (please forgive me for the pun) unboxed?ħ Cheap Stocks to Buy Today For A Defensive Bargain Viewed through this lens, it’s amazing that Dropbox stock isn’t more expensive.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |