Dropbox Inc (DBX.O)
NEW YORK Financial stocks led a drop on Wall Street on Friday as results from big banks failed to enthuse and fear of broader conflict in Syria further unnerved investors. | Video
* T. Rowe Price Associates Inc Reports 20.1 Pct Passive Stake In Dropbox Inc As Of March 31 - SEC FILING Source text : (http://bit.ly/2v7La3w) Further company coverage:
* ANNOUNCES FULL EXERCISE OF UNDERWRITERS’ OPTION TO PURCHASE ADDITIONAL SHARES
* SALESFORCE COM INC'S CEO MARC BENIOFF REPORTS 7.419 PERCENT PASSIVE STAKE IN DROPBOX INC AS OF MARCH 27 - SEC FILING Source text: (https://bit.ly/2pSSCcN) Further company coverage:
Dropbox Inc's shares closed at $28.42, up more than 35 percent in their first day of trading on Friday, as investors rushed to buy into the biggest technology initial public offering in more than a year even as the wider sector languished. | Video
* Strong showing in the face of broad weakness in tech sector (Adds graphic)
March 23 Dropbox Inc's shares opened at $29 in their market debut on Friday, 38 percent above the IPO price, giving the cloud-based storage firm a market value of $12.67 billion on a fully diluted share count.
March 23 Having topped expectations with the upsized price of its initial public offering, Dropbox Inc on Friday faces its next big challenge: a successful launch of trading when global stock markets are on the defensive and tech shares are particularly soft.
Dropbox Inc's initial public offering, the largest tech stock debut in more than a year, was priced at $21 per share, the company announced on Thursday, higher than expected.
March 22 Dropbox Inc's initial public offering, the largest tech stock debut in more than a year, was priced at $21 per share, the company announced on Thursday, higher than expected.