By Colin Kellaher

Shares of Mobileye Global Inc. jumped more than 30% in their trading debut Wednesday after the Intel Corp. unit's initial public offering was priced above expectations.

Mobileye sold 41 million shares at $21 apiece, compared with an expected price range of $18 to $20.

Mobileye shares were recently changing hands at $27.76, up about 32%, after opening at $26.71.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

October 26, 2022 12:03 ET (16:03 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
Intel (NASDAQ:INTC)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Intel Charts.
Intel (NASDAQ:INTC)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Intel Charts.