Form 8-K Mobileye Global Inc. For: Apr 27

Go back to Form 8-K Mobileye Global Inc. For: Apr 27

Shares drop early as Mobileye (MBLY) cuts revenue forecast

April 27, 2023 8:23 AM EDT

Autonomous Tech company Mobileye Global (NASDAQ: MBLY) announced Thursday that the company has lowered its forecast for annual revenue, sending the company's shares down nearly 15% before the bell. The cut is due to a slowdown in electric-vehicle demand in China.

China's... More