Why Mobileye Stock Rose Today
Shares of Mobileye Global (NASDAQ: MBLY) climbed on Wednesday after the autonomous driving technology provider struck a deal to acquire Mentee Robotics for $900 million in cash and stock.
By the close of trading, Mobileye's stock price was up less than 1% after rising as much as 17.7% earlier in the day.
Image source: Mobileye and Mentee Robotics.
Source Fool.com


