Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

PhotoMedex Surges Most on Record, Narrows Gap With U.S. Shares

Don't Miss Out —
Follow us on:

June 17 (Bloomberg) -- PhotoMedex Inc., a maker of laser and fiber-optic systems used to treat dermatological conditions, surged the most on record, narrowing the gap with its U.S.- traded shares.

The shares surged 21.4 percent, the most since they started trading in Tel Aviv in May, to 50.63 shekels, or the equivalent of $13.14 at 2:25 p.m. in Tel Aviv. The New York-traded shares closed at $13.56 on June 15.

PhotoMedex is set to be included in the Russell 3000 and Russell Microcap Indexes when Russell Investments reconstitutes its U.S. indices June 25, according to a Business Wire statement on June 11.

To contact the reporter on this story: Shoshanna Solomon in Tel Aviv at ssolomon22@bloomberg.net

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