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Why Ambarella Stock Dropped This Week

TheMotleyFool

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Ambarella (NASDAQ: AMBA) shareholders endured more volatility over the past few trading days, with shares dropping 9% through trading on Thursday compared to no change in the broader market.

The chip technology specialist is still up about 100% so far in 2021, but the recent stock price decline shows how that surge exposes investors to short-term drops when Wall Street is moving out of high-growth companies.

Image source: Getty Images.

Source Fool.com

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