AMBA: Underwriters Cheer Land Beyond Smartphone Cams
Shares of digital imaging technology maker Ambarella (AMBA) are up 23 cents, or 3%, at $7.93 after the stock this morning got four thumbs up from the underwriters of its October 10th initial public offering. Morgan Stanley, Deutsche Bank, Needham & Co. and Stifel Nicolaus all came out with the equivalent of Buy ratings, or [...]
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