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Mobileye IPO: Stock priced and trading on Nasdaq today after Intel spinoff

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Intel says the main point of the IPO is not to raise capital but to move the self-driving tech company into the market.

Mobileye Global Inc. is expected to begin trading on the stock market today. The debut of Intel’s self-driving tech spinoff marks the second IPO for Mobileye. It first went public in 2014, before being bought by Intel in 2017 for $15.3 billion. Here’s everything you need to know about Mobileye’s second IPO.

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