In trading on Friday, shares of Dropbox Inc (Symbol: DBX) crossed below their 200 day moving average of $22.14, changing hands as low as $21.72 per share. Dropbox Inc shares are currently trading off about 9% on the day. The chart below shows the one year performance of DBX shares, versus its 200 day moving average:
Looking at the chart above, DBX's low point in its 52 week range is $19.07 per share, with $24.99 as the 52 week high point — that compares with a last trade of $21.78.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
