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Sharesplunge

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businessfinance2 years ago

"Mobileye Shares Tumble Amid Revenue Forecast and Chip Sector Challenges"

Shares of Mobileye, an autonomous driving technology company, have significantly dropped following a profit warning issued by the company. Investors reacted negatively to the news, leading to a sharp decline in the company's stock price. This development is a key focus for market watchers and stakeholders in the tech and automotive sectors.