Analysts at BofA believe that the bull thesis for Dropbox ha...

Moomoo AI Feb 17, 2024 00:13

Analysts at BofA believe that the bull thesis for Dropbox has played out, citing operational headwinds such as increased churn, slower share repurchase than projected, and lower FCF guidance as negative factors for the company's shares in 2024.

Dropbox Shares Plummet After Q4 Earnings; Stock Hit With Multiple Downgrades

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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