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Dolby Laboratories (DLB) Has Surged To A New High On Strong Q1 Earnings

Dolby Laboratories (DLB) reported first quarter EPS of $0.79 after the bell Wednesday, compared to $0.66 last year. Street expectations were for EPS of $0.44.

Dolby Laboratories has gapped open sharply higher Thursday morning and is now up 6.48 at $70.89. The stock has surged to a new high for the year.

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