Intel unit Mobileye prices IPO above range to raise $861 mln -source

Mobileye Global prices IPO above range

Mobileye Global Inc., the self-driving technology company owned by Intel Corp., priced one of the biggest U.S. initial public offerings of the year above its marketed range to raise $861 million.

Mobileye prices IPO above targeted range to raise nearly $1 billion, and most of it will go to Intel

Mobileye Global Inc. priced its initial public offering higher than its targeted range late Tuesday to raise nearly $1 billion, most of which will go to...

Intel unit Mobileye prices IPO above range to raise $861 million -source

NEW YORK -Mobileye Global Inc, the self-driving unit of chip maker Intel Corp, raised $861 million in an initial public offering (IPO) on Tuesday, braving the trading volatility that has thwarted many stock market hopefuls, according to a person familiar with the matter. Mobileye priced 41 million shares at

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WSJ News Exclusive | Intel Prices Widely Anticipated IPO for Self-Driving Car Unit Mobileye

Offering raises $861 million by selling 41 million shares, valuing the unit at roughly $17 billion

Intel unit Mobileye prices IPO above range to raise $861 million -source

By Echo WangNEW YORK (Reuters) – Mobileye Global Inc, the self-driving unit of chip maker Intel Corp, raised $861 million in an initial public offering (IPO) on Tuesday, braving the trading volatility that has thwarted many stock market hopefuls. Mobileye priced 41 million shares at $21 per share, the source said, requesting anonymity ahead of an official announcement. The company had previously guided the IPO could be priced at between $18 …