Dropbox shares surge 40 per cent at debut

(Source: NEWS.com.au) Dropbox’s debut marks an end to a long dry spell in the US IPO market for big names in the technology sector. The last so-called tech unicorn to hit the market was Snapchat owner Snap Inc last March. The pop in price may bode well for music streaming service Spotify, valued at roughly $US19 billion in the private market, …