Ambarella Inc AMBA 2.44%, maker of high-definition and Ultra HD video compression and image processing products, is set to release its quarterly earnings report on Tuesday following the market close. With earnings traders agonizing over which way to play the report, it’s worth taking a look back at exactly what Ambarella’s stock has done on the day following historical earnings reports.
So Far, So Good
Since Ambarella first went public back in late-2013, it has been a stellar investment for early buyers. Although the stock has a relatively short history, it has already surged nearly 350 percent since its IPO date.
So far, 2015 has been exceptionally good for Amarella shareholders, as the stock has jumped more than 81 percent year-to-date. However, this steep climb has some traders worried about a post-earnings sell-off.
The Numbers
Ambarella has certainly seen some…
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