Ambarella, Delphi Automotive, Tellurian Stocks Moving Today

Three stocks making big moves on the charts today are Ambarella Inc (AMBA), Delphi Automotive PLC (DLPH), and Tellurian Inc (TELL)

Mar 13, 2017 at 2:56 PM
facebook X logo linkedin

Rate-hike jitters and lower oil prices are weighing on stocks today. Among specific equities in focus are semiconductor stock Ambarella Inc (NASDAQ:AMBA), car tech specialist Delphi Automotive PLC (NYSE:DLPH), and oil-and-gas concern Tellurian Inc (NASDAQ:TELL). Here's a quick look at what's moving shares of AMBA, DLPH, and TELL.

Ambarella Pops on MBLY Tailwinds

AMBA is getting a halo lift today, up 6.3% at $56.11, on a note from analysts at Pacific Crest Securities, which pointed to the company's self-driving vehicle platform in the works, drawing parallels to Mobileye NV (NYSE:MBLY), which is booming higher on M&A news today. Ambarella Inc is up 42% year-over-year, after Friday bouncing from support at the 320-day moving average, which also corresponds with the stock's year-to-date breakeven level. But while analysts have broadly been bullish toward AMBA, options traders have been taking a more skeptical approach. Across the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), the stock's 50-day put/call volume ratio of 0.94 ranks higher than 91% of all reading from the past year. 

New 12-Month Peak for Delphi Automotive

Also enjoying a MBLY halo lift, DLPH is 3.4% higher at $79.74 today, after earlier tapping an annual high of $80.18. The shares are also rallying on news Delphi Automotive PLC was named one of the "World's Most Ethical Companies" by the Ethisphere Institute for the fifth year in a row. The stock has already added 18.2% in 2017, just off an annual high of $80.18, and the brokerage bunch seems to be expecting even more highs ahead. Out of 16 firms providing coverage, 12 rate the shares a "strong buy."

Tellurian Stock Soars; Catalyst Unclear

Among the top performers on the Nasdaq today, TELL shares are surging 17.1% to $11.69, amid unusually heavy volume. In fact, both stock and options volume are on pace to end the day at 52-week highs. The price action could be a delayed reaction to Friday's news Tellurian Inc selected Societe Generale to create a financial strategy for its liquefied natural gas export project, Driftwood LNG, which is expected to begin construction next year. The past few months have been volatile for TELL stock, with shares making several leaps higher, notching a peak of $21.74 late last month before pulling back sharply. Still, the stock is up more than 900% year-over-year.

Get a jump-start on the day's stock market news with Schaeffer's free Opening View newsletter.

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI