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Amazon took the spot from Alphabet.
These are the stocks posting the largest moves before the bell.
Cloud storage firm Dropbox Inc on Wednesday raised the price range for its initial public offering by $2 as investors bid strongly for the first big tech IPO this year ahead of final pricing expected on Thursday. The new price range suggests the San Francisco company, co-founded in 2007 by Andrew Houston and Arash Ferdowsi, will hit the public market valued at up to $7.85 billion and the IPO will raise up to $720 million. "The initial file price range was quite conservative relative to the valuations placed on comparable firms, such as Box," said Jay Ritter, an IPO expert and professor at the University of Florida.