Caesarstone's Stock Climbs

Caesarstone’s shares have surged since first trading on the Nasdaq

Caesarstone, a maker of quartz countertops, is controlled by Sdot-Yam, an Israeli kibbutz founded in 1936 as a fishing village. The kibbutz turned to quartz after its factory that made terrazzo tiles foundered. Caesarstone binds quartz into countertops using a chemical formula developed with the help of engineers at the Technion-Israel Institute of Technology in Haifa.

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