Mobileye Bears Lose Bite as Carmakers Recruit for Driverless War

  • Stock has risen to four-month high despite record short bets
  • Citron insists commoditization looms and margins are too high

In six months, short seller Andrew Left helped wipe $5 billion off the market capitalization of Mobileye NV, the maker of driverless car software. These days, his call to sell seems to be having less impact.

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