mobileye global mbly opened up its shares for public trading for the first time since it filed for ipo in september 2022 the company agreed to initially offer 4100 million shares to the public at 2100 per share on its first day of trading the stock increased 846 from its opening price of 2671 to its closing price of 2897 mobileye global performance on first day of trading about mobileye global and its ipo mobileye is a leader in the development and deployment of advanced driverassistance systems adas and autonomous driving technologies and solutions for its ipo mbly agreed to offer 4100 million shares at a price of 2100 per share with an insider lockup period of 180 days ending on april 24 2023 an insider lockup period is a period of time after a company first goes public where major shareholders are not allowed to sell their shares the insider lockup period makes sure that the market does not get oversupplied with shares of the company traders may short the stock leading up to the lockupperiod expiration date in hopes that the price will fall due to an increase in supply of shares retail traders should be watching this stocks short interest as it moves closer to lockup expiration see also benzingas most shorted stocks this article was generated by benzingas automated content engine and reviewed by an editor