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Why Ambarella Stock Just Crashed

TheMotleyFool

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Ambarella (NASDAQ: AMBA) stock tumbled 14.4% through 10 a.m. ET Wednesday morning despite beating easily on earnings last night.

Analysts forecast the maker of image-processing semiconductor chips would earn $0.21 per share on quarterly sales of $104.1 million; Ambarella actually reported a $0.27 per share profit and sales of $106.5 million.

Image source: Getty Images.

Source Fool.com