Dolby shares are up sharply after Apple announces plans to use its technology in iPhone X, Apple TV
https://www.cnbc.com/2017/09/13/dolby-laboratories-dlb-stock-vision-featured-in-apple-iphone-x-tv-4k.html
Shares of Dolby Laboratories popped on Wednesday after Apple revealed several new products featuring Dolby technology.
New Apple products, including the iPhone X and the new Apple TV 4K, will support video technology called Dolby Vision, Apple said on Tuesday at a big launch event in Cupertino, California. Apple said Dolby's technology will help the set-top box output the "highest resolution possible" and that it would make mobile content look "even more amazing." Dolby demonstrated the effect on its website.