Scalper1 News
After breaking Ambarella (AMBA) and GoPro (GPRO), short-seller Citron Research now has its eye on Mobileye (MBLY). Citron tweeted on Wednesday that it has set a short-term price target on Mobileye at 25. It also said that the maker of driver-assistance systems is “worse than” Ambarella, which has seen its share price decline nearly 50% in the last six weeks. Citron issued a bearish report last November on GoPro, which uses Ambarella’s chips in its Scalper1 News
Scalper1 News