Mobileye Taps Into Hot IPO Market That May Be Cooling

By | August 1, 2014

Scalper1 News

Mobileye made an eye-popping IPO Friday, the largest tech debut this year and capping the best month for new issues in more than seven years. The maker of self-driving auto technology raised $890 million by selling 35.6 million shares at an above-range price of 25. The stock closed at 37, up 48%. Mobileye (MBLY) is the largest pure-tech initial public offering this year. It makes chips and software installed in a camera system that monitors road Scalper1 News

Scalper1 News