Dropbox (DBX) ended the recent trading session at $36.48, demonstrating a -3% change from the preceding day's closing price.
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Dropbox stock is downgraded to "Sell" after a 30% rally. Click to learn more about its valuation and AI-driven risks.
Dropbox is rated Sell due to limited upside, flat revenue, and buyback-driven EPS growth losing effectiveness. Click to read ...
The insider's sale came just days before the stock hit a 52-week high.
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Dropbox has reported that a cyberattack last month compromised approximately 5,000 user accounts, specifically those linked to unprotected Lenovo IDs.
Dropbox confirmed that approximately 5,000 accounts were compromised in a recent hack, with unauthorized access occurring between August 4 and August 21. The incident involved hackers viewing and ...
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About 5,000 Dropbox accounts were compromised by the hackers, who accessed files on less than a third of them, spokesperson Tim Rathschmidt said in an email.
If you're having trouble with Dropbox, it's not a problem on your end. Many others are also running into issues.
The attackers exploited a weakness in the file-sharing system. Experts say this exposes the hidden risks of third-party login systems.