Why I Sold My Dropbox Shares

Dropbox (NASDAQ: DBX) was a great balance of value, growth, and buybacks a year ago, but the company has changed. In this video, Travis Hoium explains why those changes caused him to sell the stock.

*Stock prices used were end-of-day prices of Nov. 1, 2024. The video was published on Nov. 5, 2024.

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Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet and Dropbox. The Motley Fool has positions in and recommends Alphabet and Dropbox. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.