Here’s how Dropbox stock is reacting after CEO Drew Houston announces departure

Apple’s Tim Cook isn’t the only well-known tech CEO stepping away from the chief executive role this year. Now, the founder and CEO of Dropbox (Nasdaq: DBX), Drew Houston, has announced he is making a similar move at the company he is synonymous with. Here’s what you need to know about Houston’s departure from the chief executive role and how investors are reacting to the news. What happened? Today, Houston announced he will be retiring from the chief executive role at the cloud storage pr...