Rising 30% Last Week, Ambarella Stock Running Out Of Steam?
- Thursday, September 9, 2021, 7:12
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Ambarella Inc. stock (NASDAQ: AMBA) has seen a sensational rise of almost 30% over the past week and currently trades at over $136 per share. The stock rally was driven by strong Q2 2022 earnings reported by the company earlier this month (Ambarella’s fiscal year ends in January)…