Blog

Wall Street Is Nuts About This Gadget That’s Bringing The World Closer To Self-Driving Cars – Here’s What It Does

Wall Street has collectively decided that a software firm called Mobileye now stands at the vanguard of firms investors should look to to invest in the self-driving car revolution.

Mobileye was the largest-ever IPO by an Israeli firm, raising $890 million at a valuation of over $7.5 billion, according to the Times Of Israel. Shares are up 12% since its August 1, 2014 debut, and climbed 8% Tuesday.

 

0

 

 

 

 

 

 

 

Read more here.

 

screen%20shot%202014-08-27%20at%209_43_02%20am

Share This