Allot Communications Ltd. (ALLT) dropped the most in almost a month, narrowing the gap with the U.S. traded shares of the Israeli maker of high-speed networking equipment.
The shares of the Hod Hasharon, Israel-based company tumbled 5.6 percent, the biggest drop since April 11, to 90.82 shekels, or the equivalent of $23.89, at 10:32 a.m. in Tel Aviv. The stock retreated 6.7 percent to $23.70 in New York yesterday.
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