Saturday, August 2, 2014

MobileEye SkyRocket

SAN FRANCISCO (MarketWatch) -- Mobileye NV MBLY +49.20% surged in its first few minutes of trading in the U.S. stock market Friday, attesting to strong investors' interest in the Israeli technology company. The maker of camera systems that help cars detect other vehicles and obstacles priced 35.6 million shares at $25 a share. Mobileye is offering 8.3 million shares and shareholders are offering 27.3 million. Mobileye stock jumped 52% to $38.09