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Breakingviews - Mobileye IPO benefits from some driver assistance

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Breakingviews - Mobileye IPO benefits from some driver assistance

There's nothing quite like setting low expectations. Doing so helped Mobileye price its shares a bit above their indicated range, at $21 apiece, and spark a 38% jump in their market debut on Wednesday. The maker of components for driver-assistance systems, its parent company Intel and two dozen underwriters from $50 billion down to about the same $15 billion the chipmaker originally paid to buy the company five years ago.

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Breakingviews - Mobileye IPO benefits from some driver assistance

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Breakingviews - Mobileye IPO benefits from some driver assistance

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