Dropbox CEO Drew Houston to step down (328↑)
Consumer
Dropbox CEO Drew Houston is stepping down and transitioning to Executive Chairman, with Ashraf Alkarmi taking over as CEO. The leadership transition at a company already facing mixed sentiment (7H/7S/1SS consensus, 12 insider sells in 30 days, and recent negative press) creates a near-term overhang with limited obvious upside catalyst.
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↓ SHORT-8% target+4% stop2-4 weeks
Short DBX into the leadership transition — insider distribution, split consensus, and no clear price target support make this a sell-the-uncertainty setup.