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Mobileye stock rose Tuesday after underwriters of its Aug. 1 IPO initiated coverage following the end of its quiet period. Mobileye (MBLY) rose 8.5% to finish at a new closing high of 41.43 in heavy volume on the stock market today. The company says it’s the leading developer of camera-based driver-assistance systems, including self-driving auto technology, automatic braking and collision avoidance. Mobileye priced its initial public offering at Scalper1 News
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