Should You Buy the Mobileye Self-Driving Car IPO?

Mobileye filed for an IPO in late September, and shares of the Intel-owned firm are expected to start trading on Wednesday, Oct. 26.

a display of mobileye's self-driving car technology
(Image credit: Getty Images)

It's been several since Intel (INTC, $27.70) subsidiary Mobileye filed an S-1 registration statement with the Securities and Exchange Commission (SEC). Details around the public offering for the company, which makes processors for self-driving cars, are finally emerging. MBLY stock is expected to be priced between $18 and $20 per share, and is set to start trading on the Nasdaq this Wednesday, Oct. 26. 

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Will Ashworth
Contributing Writer, Kiplinger.com

Will has written professionally for investment and finance publications in both the U.S. and Canada since 2004. A native of Toronto, Canada, his sole objective is to help people become better and more informed investors. Fascinated by how companies make money, he's a keen student of business history. Married and now living in Halifax, Nova Scotia, he's also got an interest in equity and debt crowdfunding.