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Mobileye Gains as Morgan Stanley Says Shares May Double

Mobileye NV, a maker of driver assistance systems, climbed to a new high since going public last month after Morgan Stanley said the company’s “powerful” growth may lead the shares to double.

Mobileye jumped 9.2 percent to $46.97 at 4 p.m. in New York, after gaining as much as 15 percent in intraday trading. That’s the third-biggest increase on a closing basis since Aug. 1, when the stock surged 48 percent on its first day of trading.