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Ambarella Earnings Preview

Summary

Investors are growing bullish on Ambarella ahead of its quarterly earnings set for December 3.

Ambarella has a diversified business.

GoPro's weakness is baked into the share price and company outlook.

After trading in a tight range between $50 and $60, investors are growing bullish on Ambarella (NASDAQ:AMBA) ahead of its earnings report on December 3 after market close. Despite dropping by more than half from its peak, Ambarella's stock is up 15 percent overall this year. Chances are good that the company will...


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