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Activist fund Elliott Management could push Dropbox to boost profitability

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Dropbox CEO Drew Houston and Dropbox co-founder Arash Ferdowsi (C) celebrate the launch of Dropbox’s initial public offering as they ring the opening bell at Nasdaq MarketSite, March 23, 2018 in New York City.

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Company: Dropbox Inc. (DBX)

Business: Dropbox is a single organized platform where users can create content, access it from anywhere and share it with collaborators. DBX provides a collaboration platform worldwide. Its platform allows individuals, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features. As of December 31, 2020, the company had approximately 700 million…



Source cnbc.com

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