Dolby Laboratories traded at $60.50 this Friday March 13th, decreasing $2.41 or 3.83 percent since the previous trading session. Looking back, over the last four weeks, Dolby Laboratories lost 4.95 percent. Over the last 12 months, its price fell by 26.16 percent. Looking ahead, we forecast Dolby Laboratories to be priced at 58.67 by the end of this quarter and at 53.52 in one year, according to Trading Economics global macro models projections and analysts expectations.
Dolby Laboratories, Inc. is a designer and manufacturer of audio and imaging products for the cinema, television, broadcast, and entertainment industries. The Company's products are used in content creation, distribution, and playback to enhance image and sound quality, and improve transmission and playback. It offers a developer platform, Dolby.io, that enables developers to access its technologies through application programming interfaces (APIs). These offerings include media processing APIs for analyzing and improving the sound of recorded audio files, and interactivity APIs for enabling developers to embed enhanced communications experiences within their applications. The Company's technologies include Advanced Audio Coding (AAC) and High Efficiency Advanced Audio Coding (HE-AAC); Advanced Video Coding (AVC); Dolby AC-4; Dolby Atmos; Dolby Digital; Dolby Digital Plus; Dolby TrueHD; Dolby Vision; Dolby Voice; and High Efficiency Video Coding (HEVC).