It is an interesting move by the hedge fund led by Paul Singer.
That would mean his stake is more than the $838 million position owned by Blackrock Inc. It took fearless activist Elliott Management to get investors interested, but DropBox stock is finally attracting some positive attention from investors.Īnd that puts the stock square on our buying radar.Īlthough the 13D has not been filed with the SEC yet, there has been talk in the press that Elliott Management is now the largest outside shareholder of Dropbox Inc. Save my name, email, and website in this browser for the next time I comment. Sign me up for the Money Morning newsletter
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