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Is Dropbox Stock a Buy?

TheMotleyFool

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Is Dropbox Stock a Buy?Photo, wide shot, wide-angle lens, Computer hardware manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.theapi.app/temp/32e7a10f-efd0-424a-861f-2f3e0bb7ce02.png

Dropbox (NASDAQ: DBX) went public in early 2018, but the cloud storage service provider's stock still remains below its IPO price of $21. Let's see why Dropbox was left behind as many other cloud service stocks rallied, and whether or not it's still worth buying.

Dropbox and its main rival Box (NYSE: BOX) were both founded over a decade ago. Both companies operate "freemium" cloud storage services.

Dropbox's free tier provides individual users with 2GB of cloud storage. Individuals who pay $9.99 a month get 2TB of storage, or they can get family plans that split 2TB among up to six users for $16.99 a month. For enterprise users, Dropbox offers business plans that start at $12.50 per user each month.

Source Fool.com

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