10 Tech, Energy Stocks Are Wednesday’s Worst Performers

5. Mobileye Global Inc. (MBLY)

Mobileye Global (MBLY) registered a 13.30-percent decline in its share prices on Wednesday, closing the day at $16.95 apiece as investors seemed to have found the company’s presentation at the Consumer Electronics Show (CES) 2025 lacking.

While Mobileye (MBLY) President and CEO Amnon Shashua shared achievements and vision for the future, Bloomberg Intelligence analyst Jake Silverman said that the presentation failed to deliver updates on new commercial milestones. The lack of updates prompted dampened investor sentiment as traders have hoped for a series of design wins that bolstered enthusiasm in last year’s CES.

“Mobileye’s CES address was lacking commercial progress updates following an eventful capital markets day in December, likely causing the negative stock reaction. The company had announced a slate of design wins at last year’s CES, driving high expectations for similar announcements this year. Technological progress toward eyes-off driving appears on track,” Silverman said.