Mobileye: Absence Of Announcements Undermining Investor Confidence

Mobileye's (NASDAQ: MBLY ) stock price has come under pressure in recent weeks, after the company failed to provide meaningful updates at CES and subsequently gave weak guidance for 2025. While this could be an early sign of problems, it is not necessarily material. Mobileye'sRichard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can ...