Ambarella Plunge Called A ‘Buying Opportunity’

By | June 23, 2015

Scalper1 News

Ambarella (AMBA) stock on Tuesday recovered some lost ground from its big sell-off on Monday and Friday, after two analysts called the steep drop a buying opportunity. Shares of the video chipmaker were up 8%, near 102, in afternoon trading on the stock market today as investors risked “catching a falling knife.” Ambarella stock hit an all-time high of 128.06 on Thursday, but that marked a climax top and a more than 100% gain from its early March Scalper1 News

Scalper1 News