Why a Fund Placed a $13 Million Bet on Ambarella Stock Before a 20% Post-Earnings Drop

Key Points New York City-based S Squared Capital increased its Ambarella holding by 35,000 shares in the third quarter. The overall value of the position increased by about $4.8 million. As of quarter-end, the fund reported holding 153,551 AMBA shares valued at $12.7 million, representing about 4.8% of fund assets. These 10 stocks could mint the next wave of millionaires › New York City-based S Squared Technology disclosed a buy of 35,000 shares of Ambarella (NASDAQ:AMBA) in a November 13 SEC fi ...