Dropbox Stock Down 2.4% Despite Market Gains

Dropbox (DBX) stock dipped by 2.4% to $24.42, trailing the S&P 500's 1.15% gain. The company's stock has fallen 1.81% in the past month, outpacing the Computer and Technology sector's 5.27% loss and the S&P 500's 5.69% loss. Dropbox is expected to report EPS of $0.71 in its upcoming earnings report, with revenue of $619.51 million. The Zacks Rank system assigns a #3 (Hold) rating to DBX, with a Forward P/E ratio of 8.2 and a PEG ratio of 1.17.