Why Mobileye Stock Skyrocketed Today

Mobileye (MBLY 11.55%) stock closed out Monday's trading with double-digit gains thanks to a pair of geopolitical and macroeconomic catalysts. The company's share price climbed 11.6% in a daily session that saw the S&P 500 and the Nasdaq Composite each gain 0.9%. As a company that's headquartered in Israel, Mobileye could face substantial challenges if geopolitical stability worsens in the Middle East. Following Iran's strikes, President Donald Trump called for an end to the war between Israel and Iran. Wit ...