Why Ambarella Stock Jumped This Week

Ambarella (NASDAQ: AMBA) shareholders beat the market this week as the stock jumped as high as 11% through Thursday trading before settling to a 7% increase.

The push put the semiconductor chip tech specialist at a return of over 120% so far in 2021 and was powered by rising optimism about its business.

Image source: Getty Images.

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Source Fool.com