Bloomberg News

RadVision Advances Most in a Week, Paring Gap With U.S. Shares

October 06, 2011

Oct. 6 (Bloomberg) -- RadVision Ltd. jumped the most in a week in Tel Aviv trading, trimming the gap with U.S.-traded shares.

The stock advanced 5 percent to 19.65 shekels, or the equivalent of $5.28, as of 1:12 p.m. in Tel Aviv, after slumping 9.6 percent yesterday. The shares closed down 4.8 percent at $5.31 in New York yesterday after the maker of video- conferencing systems cut its third-quarter earnings forecast.

--Editors: Susan Lerner, Peter Branton

To contact the reporter on this story: Gwen Ackerman in Jerusalem at gackerman@bloomberg.net

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


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