dropbox ipo priced higher than expected on strong demand /

Published at 2018-03-23 04:46:00

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Dropbox Inc.’s initial public offering,the largest tech stock debut in more than a year, was priced at US$21 per share, and higher than expected. That would give the San Francisco-based company a market cap of approximately US$9.18 billion on a fully diluted share count,Reuters reports. The cloud-based file-storage firm on Wednesday raised the expected […]

Source: ejinsight.com

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