Press Releases

Fox Business: Box Set to Face Financial Headwinds, Big Competition as Public Company

January 23, 2015

Rapid Ratings assigned Box a “very unimpressive 23” out of 100, which is the bottom half of the “high risk” group. “It’s not clear they are on a medium- to long-term healthy track,” Rapid Ratings CEO James Gellert told FOX Business. “It’s probably the first tech IPO in a while that has been arguably priced to sell. It looks like they’ve got to come to market…It’s always a red flag, particularly for a tech company.”

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