Dropbox Surges 38% on Nasdaq Debut

Tech Trader Daily
By Tiernan RayMar 23, 2018, 12:36 pm185 pts
Shares of eleven-year-old file-storage startup Dropbox, of San Francisco, saw a 38% surge in its first moments of trading, to $29, well above an offer price that had already risen a couple of times this week from initial expectations as its highly anticipated IPO was over-subscribed.

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