Mobileye's IPO Valuation Is Lower Than Previously Anticipated

Today's video focuses on Intel (NASDAQ: INTC) and a closer look at recent information about Mobileye's upcoming IPO. The IPO price is set to be between $18 and $20, with a valuation near $16 billion. A quick reminder that Intel purchased Mobileye in 2017 for roughly $15.3 billion. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of Oct. 18, 2022. The video was published on Oct. 18, 2022.

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Source Fool.com