Car Tech Stocks Revving As Mobileye Beats Q4 Views

By | February 26, 2015

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Mobileye stock jumped Thursday as the connected car tech company beat analyst estimates with its fourth-quarter earnings, delivered before the stock market open. The company also forecasts strong growth for this year. The 2014 IPO counts carmakers BMW, Ford (F), Tesla Motors (TSLA) and more than a dozen others among its customers. It makes advanced driver assistance systems (ADAS) with what are called active safety features — they’re capable of Scalper1 News

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