(Updates with closing share price in second paragraph.)
Dec. 13 (Bloomberg) -- Mellanox Technologies Ltd., the adapter maker part-owned by Oracle Corp., fell to its lowest level in two weeks following a drop in its U.S.-traded shares.
The shares retreated 2.7 percent to 125.50 shekels, or the equivalent of $33.22, at the 4:30 p.m. close in Tel Aviv, the lowest level since Nov. 29.
The company’s U.S. traded shares yesterday declined the most in a month to $33.42. Intel Corp., the world’s largest chipmaker, cut its fourth-quarter sales guidance by $1 billion, driving technology stocks lower.
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