Dropbox Inc (DBX)

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Dropbox Inc (DBX) Profile

Dropbox is a file hosting service operated by the American company Dropbox, Inc., headquartered in San Francisco, California, US that offers cloud storage, file synchronization, personal cloud, and client software. Dropbox was founded in 2007 by MIT students Drew Houston and Arash Ferdowsi as a startup company, with initial funding from seed accelerator Y Combinator.

Subsidiaries: JN Projects, Inc., DocSend, Inc/., Zulip Inc.Moji Inc., AG Entertainment Inc. Market cap 9.31 B USD. Number of employees 2548 (2021) Total assets 2020 $2,387M

Dropbox Inc (DBX.xnas)News In 2020, Goals were set to fight global warming and reduce carbon footprint, Aiming to complete by 2030. This includes achieving carbon neutrality for Scope 1, Scope 2, and Scope 3 business-travel emissions, sourcing 100% renewable energy for operations including data centres, funding and supporting organizations working for climate action, and mobilizing employees to use volunteer time off for environmental causes. Approximately 68% of Dropbox office space is LEED-certified today, and between 2019 and 2020, our reported Greenhouse Gas (GHG) emissions decreased by 8%, largely due to reduced business travel during the COVID-19 pandemic. We remain committed to making meaningful progress against these goals.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
10:00 - 18:30
Mon
10:00 - 18:30
Tue
10:00 - 18:30
Wed
10:00 - 18:30
Thu
10:00 - 18:30
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 7524

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