Dropbox CEO Drew Houston to step down (268↑)
Consumer
Dropbox CEO Drew Houston is stepping down and transitioning to Executive Chairman, with Ashraf Alkarmi set to take over. The leadership change arrives into an already-weak setup: DBX is down 3.4% today, insiders have sold 12 times in 30 days with zero buys, and analyst consensus is deeply split at 1B/7H/7S/1SS.
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↓ SHORT-12% target+6% stop2-4 weeks
Short DBX — CEO departure into a hostile consensus (7S/1SS), 12 insider sells, and a stock already breaking down; transition uncertainty adds near-term overhead.