Published On:
Tue, Sep 2nd, 2014
Israeli Stocks, Especially MobilEye, Surge on Wall Street
In spite of Operation Protective Edge, the Bloomberg Israel-U.S. equity index rose by 4.8% in August, which a huge leap in the share price of Mobileye, which has risen 73% since it came public on July 31 and has jumped the highest of any company that raised at least $500 million in the last 3 months. Mobileye develops camera-based advanced driver assistance systems.
Another Israeli stock, Caesarstone Sdot-Yam, which makes quartz countertops, saw its stock price rise 20% in August.
Read more about: Bloomberg, Bloomberg Israel-, Caesarstone, Caesarstone Sdot-, Caesarstone Sdot-Yam, camera, Israel, Israeli, July, Mobileye, Operation Protective Edge, Protective Edge, raised, stock, Wall Street