Ambarella up strongly after GoPro jumps on report of Apple hire

• Ambarella (AMBA +7.9%) is turning in a strong day after a report top customer GoPro (up 15.8%) has hired senior Apple designer Danny Coster to lead a new hardware design team.
• Also: optionMONSTER's Jon Najarian has given Ambarella a plug, and the Nasdaq is up 1.1%.
• The video processor SoC developer is still down 65% from a July high of $129.19, and trades for 15x an FY18 (ends Jan. '18) EPS consensus of $2.99. 10.8M shares (37% of the float) were shorted as of March 31.