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Why Skillz (SKLZ) Stock Is Down Today
Shares of mobile game developer Skillz (NYSE:SKLZ) fell 1.9% in the afternoon session after the company reported third-quarter results that missed analyst expectations for revenue and earnings.
Why Are Dropbox (DBX) Shares Soaring Today
Shares of cloud storage company Dropbox (NASDAQ:DBX) jumped 9.7% in the afternoon session after the company reported better-than-expected third-quarter financial results that showcased strong profitability. Dropbox posted revenue of $634.4 million, which was flat compared to the same period last year but surpassed analyst forecasts. The company's profitability showed significant improvement, with adjusted earnings of $0.74 per share beating Wall Street's expectations by 14.1%. Additionally, operating margins expanded notably to 27.5%, up from 20% in the prior year's quarter, and the company generated robust free cash flow of $293.7 million. While total paying users saw a slight sequential decline, investors appeared to focus on the strong bottom-line performance.
Why Alamo (ALG) Stock Is Down Today
Shares of specialized equipment manufacturer for infrastructure and vegetation management Alamo Group (NYSE:ALG) fell 4.5% in the afternoon session after the company reported third-quarter 2025 earnings that missed profit expectations, even as sales came in higher than anticipated.