Dropbox finishes up 36% on first day of trading

Dropbox was off to the races on its first day as a public company.
After pricing above the range at $21 per share, raising $756 million, Dropbox kicked off its first day soaring to $31.60, and closing the day at $28.48. This is up almost 36 percent.
It’s surely a sign of public investor enthusiasm for the cloud storage business, which had initially hoped to price its IPO between $16 and $18, then raised it from $18 to $20.
It also means that Dropboxclosed well above the $10 billion it was