Nova Measuring Instruments Ltd. (NVMI) tumbled the most in almost two months after the maker of measuring instruments for the semiconductor manufacturing industry reported a decline in third-quarter profit.
The shares retreated 8.2 percent, the most since Sept. 11, to 24.90 shekels at 11:50 a.m. in Tel Aviv. That gave the company a market value of 655 million shekels ($179 million).
Net income fell to $5.9 million from $7.3 million in the year-earlier period, on revenue of $25.8 million.
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