What to Expect from AMBA Stock?
GoPro Inc (NYSE:GPRO) is reporting its fourth-quarter results today. We have once again reached a critical juncture, as the market sets its eyes on Ambarella Inc (NYSE:AMBA) stock. Wait... Why is this relevant to Ambarella stock, again?
Somehow, it is, but for all the wrong reasons.
AMBA stock has moved in tandem with GPRO stock for a year now. Mr. Market continues to see the two through the same lens. The widely held belief is that Ambarella is heavily reliant on GoPro. But bear with me as I quash this belief once and for all.
The first.
Den vollständigen Artikel lesen ...
GoPro Inc (NYSE:GPRO) is reporting its fourth-quarter results today. We have once again reached a critical juncture, as the market sets its eyes on Ambarella Inc (NYSE:AMBA) stock. Wait... Why is this relevant to Ambarella stock, again?
Somehow, it is, but for all the wrong reasons.
AMBA stock has moved in tandem with GPRO stock for a year now. Mr. Market continues to see the two through the same lens. The widely held belief is that Ambarella is heavily reliant on GoPro. But bear with me as I quash this belief once and for all.
The first.
Den vollständigen Artikel lesen ...