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Citron: Mobileye Worth Just $11 Now And 'Goldman Sachs Knows It'

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Shares of Mobileye NV MBLY 2.31% were trading higher by nearly 2 percent Wednesday afternoon, despite the company being a focus of another research piece by notable short-seller Citron Research.

Citron stated in its latest report on Wednesday that things "have gone from bad to worse" and the stock has "become the most outrageously overpriced, overhyped semiconductor stock ever."

Specifically, Citron cited four points to support its thesis: 1) Mobileye has "tacticly" admitted its strategy to dominate the autonomous...