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Prosper Stars & Stripes shorted Dolby Laboratories (DLB), citing rising component costs, weak consumer spending, and AI investment boom crowding out other spending
Prosper Stars & Stripes stated in its Q2 2026 investor letter that it has shorted Dolby Laboratories, Inc. (NYSE:DLB), believing that cost pressures on technology components like DRAM will lead to higher consumer electronics prices. The fund also expects the K-shaped economy to continue squeezing discretionary purchases, making companies' forecasts overly optimistic as AI investment crowds out spending in other areas.
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