Dolby Laboratories, Inc. (NYSE: DLB) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 12.2% on the day to $79.56.
Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment and communications at the cinema, DTV, transmissions and devices, mobile devices, OTT video and music services, and home entertainment devices. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications.; and AVC, a digital video codec with high bandwidth efficiency used in various media devices.
So far today, approximately 339.79k shares of Dolby Laboratories, Inc. have been exchanged, as compared to an average 30-day volume of 247.56k shares.
Dolby Laboratories, Inc. share prices have moved between a 52-week high of $90.06 and a 52-week low of $66.35. The stock has moved -3.09% over the past week.
To learn more, visit Dolby Laboratories, Inc.
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