Mobileye Global Inc. is trading 4.1% down at $9.22 as investors lock in profits following a multi-day rally sparked by the company's new U.S. robotaxi strategy.
- The recent surge followed a June 17 announcement that the company plans to launch its own fully driverless robotaxi fleet in the U.S. starting in 2027.
- Today's decline appears to be a technical pullback rather than a reaction to any new negative company-specific developments.