Technology
Mobileye pops 37.95% on its first day of trading after spinning out of Intel, giving the company a $23B market cap; Intel acquired Mobileye for $15.3B in 2017 (Ashley Capoot/CNBC)
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Ashley Capoot / CNBC:
Mobileye pops 37.95% on its first day of trading after spinning out of Intel, giving the company a $23B market cap; Intel acquired Mobileye for $15.3B in 2017 — – Shares of self-driving car technology company Mobileye climbed in their first day of trading on Wednesday after Intel sold stock to the public.
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