Rare IPO winner Mobileye navigating new path to self-driving, Barron’s says

The history of self-driving cars has been one disappointment after another. But, in some areas, the future of autonomous driving continues to make progress, Eric J. Savitz writes in this week’s edition of Barron’s. Mobileye (MBLY) is an autonomous-driving systems company that first went public in 2014, before selling itself to Intel (INTC) in 2017. It returned to the public market late last year. As a successful IPO, it’s in even rarer company, the author says. The momentum for the stock could continue, especially if Mobileye founder and CEO Amnon Shashua is right about the future of the business. Shashua sees a middle ground for autonomy, making cars safer while keeping drivers behind the wheel. At least for now.