Investors were initially eager to buy shares after  spun off its Israel-based autonomous-vehicle company Mobileye Global (NASDAQ: MBLY) on October 26, 2022. 

The stock rose 129% from its initial public offering price of $21 to its 52-week high of $48.11 on Feb. 15, 2023, over investor excitement about the long-term potential of the company's ongoing development of a fully self-driving car.

But after recent earnings, the stock price has retreated significantly from its February high. So should you buy the dip in this exciting growth stock? Let's investigate.

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Source Fool.com