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Why Mobileye Stock Rose Today

Source: Motley Fool

2026-01-07 18:35:10 ET

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.

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Mobileye Global Inc.

NASDAQ: MBLY

MBLY Trading

-1.32% G/L:

$7.875 Last:

1,403,237 Volume:

$7.925 Open:

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MBLY Stock Data

$2,067,155,226
209,957,772
12.76%
106
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Vehicles
Consumer Discretionary
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