Mobileye Bears Lose Bite as Carmakers Recruit for Driverless WarBy
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.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.