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Dropbox Inx. (DBX) Is Heading Lower Following Q2 Report

Dropbox Inx. (DBX) reported second quarter non-GAAP EPS of $0.11 after the close Thursday, compared to $0.06 in the prior year period. Analysts expected EPS of $0.07. The stock is now down 1.53 on 1.5 million shares.

Dropbox rose sharply during the first hour of trade Thursday and ended the day with a gain of 2.88 at $34.43. The stock climbed to over a 1-month high.

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