Dropbox Inc


How Some Investors Made 6,567% on the Coinbase IPO

Coinbase made history last month with the biggest-ever direct listing, closing its first day at nearly $86 billion.

What’s more, an entire class of savvy investors also made an absolute killing that day because they were perfectly positioned.

Today, Neil will show you how those extreme profits were locked in and how you could do the same on the next big IPO… .


dow jones

Dow Jones Industrial Average Flat Today Despite Massive Plunge in Kraft Heinz Stock

The Dow Jones Industrial Average opened slightly lower this morning as investors continue to monitor trade developments between the U.S. and China.

Representatives from the world's two largest economies kicked off another round of high-level talks Thursday.

President Trump is hoping that China's Vice Premier and special envoy Liu He can reach a framework with a U.S. team that includes Treasury Secretary Steven Mnuchin.

Here are the numbers from Thursday for the Dow, S&P 500, and Nasdaq:


Why "Marquee" IPOs Are a Terrible Idea for Regular Investors

The $756 million Dropbox Inc. initial public offering was a huge success, soaring 35% higher than its $28.48 debut price on the day.

It was the biggest, richest tech IPO since Snap Inc. shares hit the market last year, and it has everyone "talking IPO" again.

What is it about a Silicon Valley IPO that makes investors go all starry-eyed?

I mean, I like unreasonably large piles of money as much as the next guy… but overhyped IPOs of the moment just aren't the way to make a pile yourself.

Big-game IPO investing, where it's even possible, is almost always a loser for anyone who isn't an underwriter, institution, or corporate insider.

In fact, it's much worse than that: If you do somehow manage to get allotted shares of the Next! Big! Deal! …

...you're probably about to be taken for a ride.


Forget What You've Heard, Dropbox Stock Is a Dangerous Investment

Let's cut to the chase. Should you buy Dropbox stock? Money Morning Chief Investment Strategist Keith Fitz-Gerald has dozens of reasons why you shouldn't.

He's not a fan of initial public offerings (IPOs) in general. And Dropbox is just another over-hyped company in a long line of "oversubscribed," "in-demand" public offerings that isn't worth the paper its stock certificates are printed on.

And Dropbox stock, in particular, is extremely dangerous for retail investors...