Scalper1 News
Auto technology company Mobileye on Thursday drove home a Q3 earnings report that beat revenue forecasts, announced new customers and raised guidance, but its shares went in reverse. Analysts struggled to explain the stock drop and praised the report. Mobileye (MBLY) rose 6% at the open Thursday, after the report, but quickly reversed and ended the day down 5.7%, at 44.09. “There was nothing negative in the earnings report,” Scalper1 News
Scalper1 News