Ambarella (NASDAQ:AMBA) Shares Gap Down on Analyst Downgrade
Ambarella, Inc. (NASDAQ:AMBA – Get Rating) gapped down prior to trading on Wednesday after Deutsche Bank Aktiengesellschaft lowered their price target on the stock from $75.00 to $70.00. The stock had previously closed at $81.96, but opened at $68.72. Ambarella shares last traded at $70.07, with a volume of 1,058,029 shares changing hands. A number […]