Mobileye Sees the Driverless 20 Index to a Rebound
Driverless Transportation
The Driverless Transportation (D20) Stock Index rebounded last week by adding 1.80 points to finish at 148.143. There were 14 gainers and six losers. The 1.2 percent D20 Index gain outpaced both the Dow Jones Industrial Index, which rose 0.3 percent, and the S&P 500 Index which rose 0.1 percent. The D20 Index is more volatile than the broadly-based Dow and S&P 500.
Mobileye (MBLY) led the D20 gainers with a whopping 11.8 percent gain, or $5.42, to end the week at $51.56. Mobileye garners good press and analyst praise and remains the only pure play in the D20 as the only products it creates are for driver assistance or autonomous driving.
Blackberry (BBRY) continued its four week slide losing a D20 Index leading 5.3 percent to end the week at $9.23. Nvidia (NVDA) was the D20 Index point loser, dropping $1.15 to close Friday at $21.11.
Visit the Driverless Transportation D20 Stock Index page to learn more about it and its component stocks.