Why Ambarella Stock Dropped 18% in March

Ambarella (NASDAQ: AMBA) shareholders underperformed the market last month. The stock declined 18% compared to a 12.5% dip in the S&P 500, according to data provided by S&P Global Market Intelligence.

That result pushed the stock back below the wider market so far in 2020, with shares down 18% compared to the S&P's 16% drop.

Image source: Getty Images.

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Source Fool.com