March 29, 2023
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Mobileye hits first day of listing, shares jump 38%

Intel (Intel) on Wednesday (10/26) put the Israeli self-driving car company Mobileye, which it bought in 2017, back on the Nasdaq (Nasdaq) stock market in the United States. The issue price was $21 per share. Mobileye, code-named MBLY, On the first day of listing, the stock price rose by 37.95%, closing at $28.97, setting a market value of $23 billion, which is higher than Intel’s original $15.3 billion.

Ewen Eagle

I am the founder of Urbantechstory, a Technology based blog. where you find all kinds of trending technology, gaming news, and much more.

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