Ambarella: Headwinds May Put A Stop To The Turnaround

J Studios Ambarella (NASDAQ:AMBA), a supplier of low-power, system-on-chips or SoCs, has given back everything it gained after the last earnings report raised the value of the stock, based on the belief AMBA is set to return to growth after an extended period of contraction. The recent decline was caused by several contributing factors from different corners, which have yet to go away, but with AMBA scheduled to release its next report on August 27, an argument could be made that the recent drop in the stoc ...