Seeking Alpha

Dolby (DLB -1.4%) slumps after receiving a downgrade to Underweight from JPMorgan's Paul Coster,...

Dolby (DLB -1.4%) slumps after receiving a downgrade to Underweight from JPMorgan's Paul Coster, who thinks business will be ugly through 2013. Coster notes sales are weak for PCs, TVs, and other consumer electronics products Dolby collects royalties on, with smartphones the only major exception. Eric Savitz notes the downgrade follows warnings from Rovi and DTS, who also license their technology to electronics OEMs. Goldman is also bearish on Dolby.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs