Mobileye Shares Decline Despite Strong Q2 Results and Guidance; Founder Steps Down

Despite reporting better-than-expected second-quarter results and raising its full-year outlook, Mobileye's shares fell in premarket trading. The decline followed founder Amnon Shashua informing the board of his decision to step down.

By Chris Ciaccia, SA News Editor · Seeking Alpha ·

Mobileye Shares Decline Despite Strong Q2 Results and Guidance; Founder Steps Down

Tickers: $MBLY

Topics: earnings founder activity share price movement

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