![]() The report said that it's unclear what exactly prompted the markdown, but it could be due to a variety of reasons, including " new rounds of financing, the company's financial and operational performance, strategic events impacting the company," citing T. This is the latest in a string of write-downs Dropbox shares have faced lately. Previously, it was reported that Fidelity and BlackRock marked down its shares to $13.50 and $12.38 per share, respectively. ![]() That's down from the $19.10 share price it paid in its last funding round in 2014, when Dropbox was valued at $10 billion. The report said that the mutual fund valued Dropbox shares at $9.40 per share as of December 31, citing a portfolio holdings report released last week.
0 Comments
Leave a Reply. |