Dolby Laboratories, Inc. (DLB) stock declined over -4.11%, trading at $83.73 on NYSE, down from the previous close of $87.32. The stock opened at $84.79, fluctuating between $82.60 and $85.49 in the recent session.
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.; AVC, a digital video codec with high bandwidth efficiency used in various media devices; Dolby AC-4, an digital audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and a range of media devices. Its audio technologies also include Dolby Digital, a digital audio coding technology that provides multichannel sound to applications; Dolby Digital Plus, a digital audio coding technology that offers audio transmission for a range of media applications and devices; Dolby TrueHD, a digital audio coding technology providing encoding for media application; Dolby Vision, an imaging technology for cinema and media devices; Dolby Voice, an audio conferencing technology; and HEVC, a digital video codec with high bandwidth efficiency to support for media devices. In addition, the company designs and manufactures digital cinema servers, cinema processors, amplifiers, loudspeakers, hardware components, video conferencing solutions, and other products for the cinema, television, broadcast, communication, and entertainment industries. Further, it offers various services to support theatrical and television production for cinema exhibition, broadcast, and home entertainment. The company serves film studios, content creators, post-production facilities, cinema operators, broadcasters, and video game designers. It sells its products directly to the end users, as well as through dealers and distributors worldwide. Dolby Laboratories, Inc. was founded in 1965 and is headquartered in San Francisco, California.
Employees | 2246 |
Beta | 0.98 |
Sales or Revenue | $1.27B |
5Y Sales Change% | -0.071% |
Fiscal Year Ends | September |
Sector | Technology |
Industry | Information Technology Services |
Dolby Laboratories, Inc. (NYSE: DLB) stock price is $83.73 in the last trading session. During the trading session, DLB stock reached the peak price of $85.49 while $82.60 was the lowest point it dropped to. The percentage change in DLB stock occurred in the recent session was -4.11% while the dollar amount for the price change in DLB stock was -$3.59.
The NYSE listed DLB is part of Information Technology Services industry that operates in the broader Technology sector. Dolby Laboratories, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Mr. Todd Pendleton
Senior Vice President & Chief Marketing Officer
Mr. Giles Baker
Senior Vice President of Cloud Media Solutions
Ms. Linda Rogers
Senior Vice President & Chief People Officer
Mr. Andy Sherman
Executive Vice President, Gen. Counsel & Corporation Sec.
Mr. Ryan Nicholson
Vice President & Corporation Controller
Mr. John D. Couling
Senior Vice President of Entertainment
Mr. Craig Todd
Chief Technology Officer & Senior Vice President
Mr. Ioan Allen
Senior Vice President
Ms. Maggie O'Donnell
Head of Investor Relations
Mr. Kevin J. Yeaman
Pres, Chief Executive Officer & Director
Mr. Robert J. Park
Senior Vice President & Chief Financial Officer
Dr. Shriram Revankar
Senior Vice President of Advanced Technology Group
DLB's closing price is 26.19% higher than its 52-week low of $66.35 where as its distance from 52-week high of $89.66 is -2.06%.
Number of DLB employees currently stands at 2,246.
Official Website of DLB is: https://www.dolby.com
DLB could be contacted at phone 415 558 0200 and can also be accessed through its website. DLB operates from 1275 Market Street, San Francisco, CA 94103-1410, United States.
DLB stock volume for the day was 744.11K shares. The average number of DLB shares traded daily for last 3 months was 493.97K.
The market value of DLB currently stands at $8.07B with its latest stock price at $83.73 and 96.38M of its shares outstanding.
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