If You Invested $2,000 in Mobileye in 2022, This Is How Much You Would Have Today
Mobileye (NASDAQ: MBLY) went public again in October 2022, more than five years after it was acquired by for $15 billion. The automotive chipmaker listed its shares at $21, and they closed at a record high of $47.02 on Feb. 15, 2023. Mobileye's stock now trades at about $32.
Therefore, a $2,000 investment would have grown to nearly $4,500 before shrinking to about $3,000 today. Let's see why Mobileye's stock rallied and pulled back and where it might be headed over the next decade.
Image source: Getty Images.
Source Fool.com
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