|Bid||54.01 x 1100|
|Ask||54.06 x 800|
|Day's Range||53.71 - 54.99|
|52 Week Range||30.00 - 67.15|
|Beta (3Y Monthly)||1.54|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 27, 2019 - Dec 2, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||57.44|
Ambarella also reaffirms its earnings guidance for the current quarter, saying it wouldn't be impacted by the Trump administration's decision to place 28 Chinese organizations on an Entity List.
FormFactor (FORM) acquires FRT for approximately EUR 19.7 million in cash, in a bid to expand presence in the testing and measurement space.
The trade war intensifies with blacklisting of 28 Chinese companies and imposition of visa restrictions. Thus, investing in REITs seems to be a safer option as of now.
The U.S. placed eight more Chinese technology companies on its trade blacklist late Monday, creating a headwind for several U.S. chipmakers including video processor maker Ambarella.
Ambarella (AMBA) stock fell up to 12% today. The stock is trending downward after the US added several more Chinese companies to its Entity List.
Shares of high-definition video chip designer Ambarella are taking a dive after one of the company's biggest customers, China's Hangzhou Hikvision, winds up on the Trump administration's latest blacklisting ...
Hikvision was one of 28 companies added to the U.S. Entity List of companies restricted from doing business with American companies. The good news for Ambarella investors is that there may still be a way for the company to maintain its Hikvision sales.
Shares of the chip maker fell 9% Tuesday morning after the Trump administration blocked sales to two of Ambarella’s key customers.
Shares of chip maker Ambarella Inc. plunged 14% in premarket trading Tuesday, in the wake of the Trump administration's move to blacklist Chinese technology companies that develop facial recognition and artificial intelligence technology, which the U.S. says is being used to repress China's Muslim groups. The blacklisted companies include Hikvision and Dahua, the Associated Press reported, which Stifel Nicolaus analyst Tore Svanberg estimates represent about 15% of Ambarella's total revenue, or about 25% of its security camera revenue. "While we believe Ambarella may be able to continue to ship product to these customers due to a significant R&D presence outside the U.S., we expect the companies will struggle to meet the full bill of materials and are likely to begin working through inventory that has been built over the last several quarters," Svanberg wrote in a note to clients. He reiterated his hold rating but cut his stock price target to $54 from $61. The stock has soared 27.5% over the past three months through Monday, while the PHLX Semiconductor Index has gained 7.8% and the S&P 500 has slipped 1.3%.
Dow Jones futures. Several negative China trade headlines Tuesday hit the stock market rally. Ambarella dived; Apple, Nvidia fell. Microsoft rose.
Ambarella plunges after one of the company's biggest customers, China's Hangzhou Hikvision, is blacklisted by the Trump administration over human rights violations.
SAN FRANCISCO/SEOUL, Oct 8 (Reuters) - South Korean video surveillance provider Hanwha Techwin stands to gain the most from the U.S. blacklisting of China's Hikvision and Dahua, an industry expert and insider said, as rivals sit poised to snatch share from the besieged market leaders. Hanwha Techwin is a subsidiary of Hanwha AeroSpace Co Ltd , whose share price rose more than 4% following news on Monday the United States had barred 28 Chinese entities from buying components from U.S. firms without government approval.
We'd be surprised if Ambarella, Inc. (NASDAQ:AMBA) shareholders haven't noticed that the Vice President of Marketing...
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Even the stock market's best stocks eventually break down. Top stock of 2015 Ambarella showed numerous signals of when to sell stocks as it peaked, then headed sharply lower.