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Seventrader
@7Trader
2YrĀ·

Oh dear, Mobileye $MBLY has crashed 25% pre-market

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11 Comments
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TomTurboInvest@TomTurboInvest
2Yr
Not good news - especially the stock levels - alarm bells are going off - I'll have to think about how to deal with my automotive exposure tomorrow. There's been more and more bad news over the last few months - if you put them together like a mosaic to form a picture, it's not so rosy...

My post from just over a month ago comes to mind https://getqu.in/WsAWIb/
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Seventrader@7Trader
2Yr
@TomTurboInvest somehow the year is off to a very gloomy start. I hope it improves again soon
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N@Khlmysee
2Yr
Yes, then I can add to $LAZR later. šŸ˜‚
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Philip@PhilT
2Yr
They warned of a significant first-quarter revenue drop due to excess inventory buildup by key customers post supply-chain limitations.

Will you be buying the dip? šŸ§
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Seventrader@7Trader
2Yr
@PhilT I'll have it on top of my watchlist, but I'm waiting till next week. We'll see šŸ˜‰
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Enrique@Dividenden_Monteur
2Yr
This explains the sharp sell-off at Intel. Pre-market at -4%
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Philip@PhilT
2Yr
@Der_Dividenden_Monteur can you explain the correlation?
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N@Khlmysee
2Yr
@PhilT Intel is a shareholder of $MBLY
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Enrique@Dividenden_Monteur
2Yr
@PhilT mobileeye was taken public by Intel and Intel owns shares that have now lost a lot of value
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Philip@PhilT
2Yr
@Kohlmeyse @Der_Dividenden_Monteur thank you! Learned something new.
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Fabian@InternetExplorer
2Yr
@Der_Dividenden_Monteur And also $IFX and $STM with -5% each
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