Mobileye Global Inc. (NASDAQ: MBLY) shares are trading higher on Monday after the company announced it was awarded a series of production design wins by a "major" Western automaker.
What To Know: After a tough previous week, Mobileye stock's woes were put on hold on Monday when shares rose in response to the company's announcement of several production design wins. It is anticipated that several global brands will employ new automated driving solutions leveraging Mobileye's cutting-edge software tool in 17 internal combustion and electric vehicle models. ...