EZchip Falls to Five-Month Low After U.S.-Traded Shares Tumble
EZchip Semiconductor Ltd. (EZCH), an Israeli developer of network processors, dropped to the lowest level in more than five months after shares fell in the U.S.
The shares declined 4.8 percent to 133.5 shekels, or the equivalent of $33.59, the lowest intraday level since Feb. 7, at the 10:24 a.m. in Tel Aviv. The New York-traded shares fell 4.3 percent to $33.74 yesterday.
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