Mobileye (MBLY) Rebounds 11.55% on Israel-Iran Ceasefire

Mobileye Global Inc. (NASDAQ:MBLY) is one of the 10 Stocks That Stole Today’s Spotlight.

Mobileye Global jumped by 11.55 percent on Monday following President Donald Trump’s announcement that Israel and Iran have agreed on a ceasefire.

The announcement boosted Mobileye Global Inc.’s (NASDAQ:MBLY) share prices, as a company based in Israel that is heavily affected by the conflict.

“It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE (in approximately 6 hours from now, when Israel and Iran have wound down and completed their in progress, final missions!), for 12 hours, at which point the War will be considered, ENDED,” Trump wrote on social media.

As a form of support to its employees, Mobileye Global Inc. (NASDAQ:MBLY) said it has offered financial aid for babysitting services, and food and equipment deliveries, specifically for reservists, their spouses, and spouses of essential workers affected in Israel.

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Disclosure: None. This article is originally published at Insider Monkey.