- Mobileye (NYSE:MBLY) opened for trading at $36 and is now at $37.75, up 51% from an elevated $25 IPO price.
- The driver-assistance system developer is valued at $8.01B, or an eye-popping 99x 2013 sales. Given Mobileye's rapid growth (Q1 sales rose 204% Y/Y), forward sales multiples will be relatively modest once analyst estimates arrive.
- Prospectus, IPO preview, analysis
at CNBC.com (Nov 17, 2014)