|Bid||23.19 x 0|
|Ask||23.65 x 0|
|Day's range||23.18 - 24.08|
|52-week range||23.18 - 53.00|
|Beta (5Y monthly)||0.65|
|PE ratio (TTM)||5.53|
|Forward dividend & yield||1.25 (5.37%)|
|Ex-dividend date||04 Nov 2022|
|1y target est||N/A|
(Reuters) -Intel Corp's self-driving unit Mobileye on Friday unveiled its filing for a U.S. initial public offering, testing support for a high profile stock debut even as the market for new issues has virtually collapsed. The tech IPO market globally is in the middle of its worst drought in nearly two decades. Mobileye's IPO, coming on the heels of Porsche's blockbuster debut in Europe, could, however, be an early sign of improving investor sentiment.
A quick glance at the iShares Semiconductor ETF, which has lost 40% of its value this year, shows the extent of the damage. Shifting consumer spending patterns are leading to lower demand for chips used in personal computers and electronics, while supply chain disruptions are making it difficult to produce enough of the products that remain in high demand. Advanced Micro Devices (NASDAQ: AMD) hasn't been spared from the wreckage.
Yahoo Finance Live's Seana Smith looks at several stocks trending in the after-hours trading session.