Activist investor Elliott Management reportedly snapped up a hefty stake in Dropbox. The hedge fund has a couple of avenues to increase shareholder value.
Dropbox, Airbnb and Salesforce have taken some of the biggest real estate impairments in the tech industry because of vacated space in San Francisco.
Dropbox (DBX) – Dropbox came in 4 cents a share ahead of estimates, with quarterly earnings of 28 cents per share.
It also forecast full-year revenue below analysts' esti...