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0.00580327868852461 0.000131147540983592 0 -0.000819672131147523 0.00245901639344257 0.00245901639344257 0 0
Stock impact report

Why Mobileye Stock Rose Today [Yahoo! Finance]

Mobileye Global Inc. - Class A (MBLY) 
Company Research Source: Yahoo! Finance
10 stocks we like better than Mobileye Global › Shares of Mobileye Global (NASDAQ: MBLY) climbed on Wednesday after the autonomous driving technology provider struck a deal to acquire Mentee Robotics for $900 million in cash and stock. By the close of trading, Mobileye's stock price was up less than 1% after rising as much as 17.7% earlier in the day. Under the terms of the deal, Mobileye would purchase Mentee for roughly $612 million in cash and up to 26.2 million shares of Mobileye. The transaction is projected to close in the first quarter of 2026. The merger would combine Mobileye's mobility tech and manufacturing network with the robotics start-up's simulation-based humanoid platform. Mentee is designing its robots to be cost-efficient and broadly functional, with a rapid learning system that requires fewer human demonstrations. The two companies intend to fast-track Mentee's go-to-market plans by working together to achieve performance, safety, and cost requirements. Show less Read more
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