Dropbox opened at $22.88 yesterday before posting solid session gaining 1.33%

Published: May 27 2023, 06:40 GMT+0

Dropbox opened at $22.88 yesterday before posting solid session gaining 1.33%

A quick look at yesterday: the file hosting service went up to $22.81, gaining 1.33%.

On the flip side, Core Durable Goods Orders in United States fell short of market expectations (0%) with a reading of -0.2%, continuing the decline from the previous figure of 0.3%.

Meanwhile, United States Core PCE Price Index (MoM) (Apr) came out at 0.4, while a consensus of analysts was expecting 0.3. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 193,100, while the previous figure was 191,500.

A look at other technology stocks also showed bullish price action as Intel was up 5.84%. Qualcomm traded at $110.35 after closing yesterday's trading day at $104 (up 6.09%). Accenture plc Class A (Ireland) traded at $303.6 after closing yesterday's trading day at $291.76 (up 4.06%).

The cloud storage giant is now trading 18.66% above the significant low ($18.97) it slumped to 2 months ago.

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