Mobileye NV MBLY shares are trading higher by $5.70 (15 percent) at $47.66 in Thursday's session. The catalyst for the rally is a partnership with BMW and Intel for self-driving car technology.
The rally from the pre-market session has carried over into the regular session. After a higher open, it retreated only $0.17 to $45.29 before continuing its moves higher. So far, the ensuing rally has reached $48.18 and after a brief retreat to $46.31, it's back near the highs for the day.
That marks the highest level for the issue since November 6, when it peaked at $49.73.
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