IPO ETF Makes Room for Mobileye
August 04, 2014 at 07:00 AM EDT
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...