Mellanox Falls Most Since August After U.S. Shares Declined

Mellanox Technologies Ltd. (MLNX) headed for the biggest drop in three months after the U.S. stock declined on Nov. 18.

The shares lost 5.5 percent, the biggest drop since Aug. 21, to 128 shekels, or the equivalent of $34.33, at 10:14 a.m. in Tel Aviv. They fell 3 percent to $34.48 in New York.

To contact the reporter on this story: Gwen Ackerman in Jerusalem at gackerman@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net

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