Mobileye Global Inc. (MBLY) stock dropped 12.81% due to trade tensions between US and China.

From Yahoo Finance: 2025-04-11 05:47:00

On Thursday, the stock market experienced a bloodbath session, with the Nasdaq dropping 4.31%, the S&P 500 down 3.46%, and the Dow Jones falling 2.50% due to escalating trade tensions between the US and China. Mobileye Global Inc. (NASDAQ:MBLY) was one of the 10 heavily sold-down stocks, dropping 12.81% to $13.20 per share. Investment firms UBS and Goldman Sachs both downgraded their price targets for MBLY, citing risks from the global trade war impacting vehicle manufacturing costs and demand. Despite potential, MBLY ranks 8th on the list, with AI stocks offering greater return promise.



Read more at Yahoo Finance: Why Mobileye Global Inc. (MBLY) Went Down On Thursday?