Dolby Labs on Wednesday priced 27.5 million shares at $18 each, the high end of a range already revised upwards from an initial $13.50 to $15.50 range. It raised $495 million in the initial public offering."
[The Deal]
Thursday, February 17, 2005
Big pop for Dolby Labs
"Shares of Dolby Laboratories Inc. rose 35% to close at $24.30 Thursday, Feb. 17, handing the newly public audio technology pioneer the biggest first-day gain of the year.
Dolby Labs on Wednesday priced 27.5 million shares at $18 each, the high end of a range already revised upwards from an initial $13.50 to $15.50 range. It raised $495 million in the initial public offering."
[The Deal]
Dolby Labs on Wednesday priced 27.5 million shares at $18 each, the high end of a range already revised upwards from an initial $13.50 to $15.50 range. It raised $495 million in the initial public offering."
[The Deal]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment