Markets

Dropbox is soaring to cap off a big first week of trading

DropBox shares are soaring Thursday, up more than 7% at $US33.32 apiece. Shares debuted Friday at $US21 . Watch DropBox trade in real time here. Shares of Dropbox gained as much as 9% Thursday, capping off a big first week of trading for cloud-storage company. Shares hit a high of […]
Dropbox is soaring to cap off a big first week of trading
Markets

Dropbox surges 36% in trading debut

Dropbox surged by as much as 44% in its trading debut on Friday, marking a strong start to the most prominent tech initial public offering so far this year. At its highest trading price, the cloud-storage company was worth nearly $US12 billion, above its most recent private valuation. Dropbox is […]
Dropbox surges 36% in trading debut
Tech

DocuSign has reportedly filed confidentially for an IPO

DocuSign has confidentially filed to go public, according to Tech Crunch. The company plans to hit the public markets in the next six months. It’s been a long-time-coming for the 15-year-old digital signature company, though its timing aligns with a deluge of other public offerings in the enterprise tech space. […]
DocuSign has reportedly filed confidentially for an IPO
Tech

Dropbox is seeking a $US7.5 billion valuation in its coming IPO

Dropbox has announced plans to list 36 million shares when it goes public later this year. The company estimated in a filing on Monday that each of those shares would cost $US16 to $US18. That means the company is seeking to raise up to $US648 million, or £467 million, from […]
Dropbox is seeking a $US7.5 billion valuation in its coming IPO
Markets

DROPBOX IPO FILING WARNS : We may never be profitable

Dropbox on Friday filed to go public. The company has never made a profit and warned it may never, according to a filing. Dropbox officially filed on Friday to go public on the Nasdaq exchange under the ticker ‘DBX.’ It’s the first time the company has had to disclose its […]
DROPBOX IPO FILING WARNS : We may never be profitable