Mobileye (MBLY) Stock Jumps 11.4%: Will It Continue to Soar?
MBLYMobileye (MBLY) Zacks Investment Research·2024-03-07 19:31

Mobileye Global (MBLY) shares rallied 11.4% in the last trading session to close at $27.81. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 8.3% loss over the past four weeks.Shares of Mobileye popped yesterday following optimistic remarks from the company's executives at Morgan Stanley's Technology, Media, and Telecom conference. MBLY reiterated that the sales volumes of EyeQ is estimated at 3.4 million unit ...