Dropbox’s Patent Filings Could Hold Clues to Mystery Stock Surge

On Thursday, June 14th, Dropbox’s stock soared 14% and were jumping another 9.5% to a new record high of $39.50 on Friday. The sudden surge has led to a frenzy of M&A chatter around the enterprise software company, which went public on March 23 at $21 per share. Only time will tell what’s in store for Dropbox, but some signals may be found in a spate of patent filings from the company this year. A study from the intellectual property analytics firm Relecura notes that Dropbox holds a range of key intellectual properties, including patents to share files through a link and other ways that files interact with cloud applications. Read more