Saturday, August 2, 2014

Mobileye raises $890 Million as largest Israeli IPO in U.S. History (Video)

Mobileye came in Large on the New York Stock Exchange on friday morning opening up at $36 a share.  Mobileye opened $11 dollars higher than it's original calculated share price of $25.  They reached a high of 39.40.  The end of day closing price was $37.00.

Mobileye for most that don't know is an advanced technology company that develops vision-based Advanced Driver Assistance Systems for automobiles etc. This technology offers advanced Visual and auditory warnings of impending collisions.  

I have attached three videos here: 
(1) The 1st video describes in more detail about who Mobileye is, and what they actually do.  
(2) The 2nd is a video of a 2014 Tesla model S equipped with the Mobileye collision aviodance system.  
(3) The 3rd video is what bloomberg had to say about Mobileye's IPO opening on friday.