(Reuters) – Shares of Mobileye Global Inc were set to open 25% above their offer price on Wednesday, potentially valuing the self-driving unit of Intel Corp at nearly $21 billion after the IPO was priced above the anticipated range.
At 10:22 a.m. Eastern Time, the shares were indicated to open at $26.25, up from the initial public offering price of $21 per share.
(Reporting by Niket Nishant in Bengaluru; Editing by Sriraj Kalluvila)
