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AmextaFinance > Investing > Ambarella stock drops nearly 14% on weak outlook
Investing

Ambarella stock drops nearly 14% on weak outlook

News Room
Last updated: 2023/05/31 at 3:15 AM
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Ambarella Inc. shares fell in the extended session Tuesday after the video chipmaker’s outlook fell short of expectations despite a better-than-feared loss on the quarter.

Ambarella shares AMBA dropped 13.7% after hours, following a 5.4% rise in the regular session to close at $81.96.

The Santa Clara, Calif.-based company said it expects…

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News Room May 31, 2023 May 31, 2023
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