Mobileye Shares Fall Despite Strong Q2 Results

Mobileye shares drop 1.4% in premarket trading Mobileye reported stronger-than-expected second-quarter results and lifted its outlook for the rest of the year. The company's founder, Amnon Shashua, informed the board of his decision to step down. Mobileye's share

Mobileye shares drop 1.4% in premarket trading

Mobileye reported stronger-than-expected second-quarter results and lifted its outlook for the rest of the year.

The company’s founder, Amnon Shashua, informed the board of his decision to step down.

Mobileye’s shares had initially gained but fell 1.4% in premarket trading on Thursday, erasing the earlier gains.

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