Why Mobileye Stock Was Motoring Higher This Week

Why Mobileye Stock Was Motoring Higher This Week

The autonomous-driving and driver-assistance tech specialist has had a fine week so far, with its share price climbing by 18% week-to-date as of early Friday morning, according to data compiled by S&P Global Market Intelligence. The company was still basking in the afterglow of a good set of quarterly results published last week. As so often happens in such situations, several pundits made upward adjustments to their takes on Mobileye in the wake of the earnings report.