Mobileye: Mentee Acquisition Doesn't Address Investor Concerns

Mobileye Global Inc.'s ( MBLY ) share price briefly bounced in early January after the company announced a second Surround ADAS customer and the planned acquisition of Mentee Robotics. This proved short-lived, though, with investors seemingly souring on theRichard 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 be achieved by ident ...