5 Investors Betting Big on Mobileye (MBLY) Stock

The future of Mobileye Global (NASDAQ:MBLY) is looking increasingly questionable. Demand for self-driving vehicle technology isn’t expected to slow down in 2024 as the driverless race picks up steam. But the Israel-based company recently issued some less-than-ideal news. It warned investors that it expects to see customer orders for the chips it produces decrease by fairly significant margins during Q1 2024. MBLY stock has been falling since the news broke and is currently down more than 25% for the day as ...