July 12 (Bloomberg) -- Mellanox Technologies Ltd., an Israeli developer of technology used to transfer and store data, dropped to the lowest in more than three weeks after its U.S.- traded shares tumbled.
The shares declined 5.1 percent to 261.5 shekels, or the equivalent of $65.71, the lowest intraday level since June 18 at 10:49 a.m Tel Aviv. The New York-traded stock dropped 4.1 percent to $66.2 yesterday.
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