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IPO ETF Makes Room for Mobileye

Renaissance Capital, the issuer of the Renaissance IPO ETF (NYSEArca: IPO), said the fund will add newly public Mobileye (NYSE: MBLY). Mobileye, the Israel-based developer of camera-based Advanced Driver Assistance Systems (ADAS), raised $890 million. At the $25 offer price, Mobileye commands a...
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