Dolby Rises 11% in a Month: How Should Investors Play the Stock?

Dolby Laboratories, Inc. (DLB) stock has gained 11% in the past month outperforming the S&P 500 composite’s growth 3%.Image Source: Zacks Investment ResearchSan Francisco, CA-based Dolby develops audio and imaging technologies that revolutionize entertainment for user-generated content, TV shows, films, music and gaming.Strengthening top-line performance and emerging new business opportunities are aiding the stock’s trajectory. DLB outpaced estimates in each of the trailing four quarters, with the average s ...