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Dropbox, Inc. (DBX): A Bear Case Theory 

We came across a bearish thesis on Dropbox, Inc. on Inwood’s Substack’s Substack by  Inwood Capital. In this article, we will summarize the bears’ thesis on DBX. Dropbox, Inc.'s share was trading at $26.75 as of January 13th. DBX’s trailing and forward P/E were 15.20 and 8.89 respectively according to Yahoo Finance.

[caption id="attachment_1034418" align="aligncenter" width="768"] Photo by Annie Spratt on Unsplash[/caption]

Dropbox, Inc. provides a content collaboration platform in the United States and internationally. DBX represents a structurally challenged...