[COMMENT: Here is another good example for the investors and traders who try to read the stories in the price charts. The share price of Dropbox had been down trending for months, and astute traders and investors would have sold out months ago. This news story (below) might cause more ructions for the share price.]
(3 January 2020, The Age, Business, p20, By Sarah Danckert)
Dropbox (DBX) share price (Stockcharts.com, Brainy)
‘Macquarie Group’s US advisory and capital markets arm has been pulled into a class action brought by investors against cloud storage technology darling Dropbox over the billions of dollars of lost shareholder wealth since its 2018 float. The case, filed in the District Court for Northern California, alleges San Francisco-based Dropbox and the underwriters of its 2018 float, including Macquarie Capital (USA) Inc, made misleading statements during its initial public offering, causing its share price to be artificially inflated.’
Aussie Sharemarket Barometer 
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