AMBA Stock: Time for a Stand
It was quite a wild ride for Ambarella Inc (NASDAQ:AMBA) stock in 2016. The year stared off poorly as a market sell-off gripped Ambarella stock and sent it spiraling lower by 40%. It took AMBA stock five months to shake off this slide before it was finally able to turn positive for the year.
In October, Ambarella stock was looking bright as it reversed the disastrous start to 2016, and was now positing a positive return of 34% for the year. Unfortunately these gains did not last very long as selling pressure.
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It was quite a wild ride for Ambarella Inc (NASDAQ:AMBA) stock in 2016. The year stared off poorly as a market sell-off gripped Ambarella stock and sent it spiraling lower by 40%. It took AMBA stock five months to shake off this slide before it was finally able to turn positive for the year.
In October, Ambarella stock was looking bright as it reversed the disastrous start to 2016, and was now positing a positive return of 34% for the year. Unfortunately these gains did not last very long as selling pressure.
Den vollständigen Artikel lesen ...