Dropbox stock falls after pricing $1.1B convertible notes
In short
Dropbox shares fell following the pricing of $1.1 billion in convertible notes. The company's stock experienced a downward move in response to the capital raise announcement.
Key points
- Dropbox shares fell following the pricing of $1.1 billion in convertible notes.: Dropbox shares fell following the pricing of $1.1 billion in convertible notes.
- The company's stock experienced a downward move in response to the capital raise announce…: The company's stock experienced a downward move in response to the capital raise announcement.