Ambarella -11.5% as Chinese customer hits blacklist

Oct. 07, 2019 5:04 PM ETAmbarella, Inc. (AMBA) StockAMBABy: Jason Aycock, SA News Editor18 Comments
  • Ambarella (NASDAQ:AMBA) has slid 11.5% after its customer Hangzhou Hikvision was one of a number of Chinese companies put on a blacklist by the Trump administration.
  • Hikvision is thought to account for a percentage of revenues in the high teens for Ambarella.
  • Shares had fallen 1.5% during the regular session.

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