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.
To contact the reporter on this story: Shoshanna Solomon in Tel Aviv at email@example.com
To contact the editor responsible for this story: Claudia Maedler at firstname.lastname@example.org