BUZZ-WiSA Technologies rises on Dolby audio partnership

Shares of sound technology firm WiSA Technologies WISA.O rise 30% to $1.48

WISA says it has partnered with Dolby Laboratories DLB.N to improve wireless audio integration on Android and Linux platforms

Partnership will make it easier and faster for companies to add high-quality audio to their devices, reducing setup time from 1 year to just 2 months, co says

Dolby's shares down 1.1% at $82.62

The global wireless audio market is expected to reach $154.3 billion by 2030, driven by demand for high-quality wireless audio solutions - WISA

WISA will soon rebrand as Datavault AI

More than ~27 mln shares traded, 46 times their 25-day moving average

WISA fell 88.5% in 2024