Allot Drops Most in Month, Narrows Gap With U.S. Traded Shares
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.
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