Foresight Autonomous: Set for best day on deal with Chinese supplier

Foresight Autonomous Holdings

28/06/2019 18:47

** U.S.-listed shares of Foresight Autonomous Holdings Ltd
 FRSX.O  jump 74% to $2.41 in early afternoon trading  
    ** Co shares set for a record one-day percentage gain and
top percentage gainer across U.S. exchanges 
    ** The Israel-based company inks deal with a Chinese tier
one supplier to develop automatic safety devices for Chinese
automotive industry, and specifically for two Chinese vehicle
manufacturers  urn:newsml:reuters.com:*:nBw1V4qdMa
    ** Says supplier to purchase a prototype of co's QuadSight
system, a quad-camera vision device used for obstacle detection
in semi-autonomous vehicles 
    ** With Friday's gains, co's U.S.-listed shares have risen
46% so far this year 

 (Reporting by Shreyashi Sanyal in Bengaluru)
 ((RM: Shreyashi.Sanyal.thomsonreuters.com@reuters.net))