(Updates with closing share price in second paragraph.)
Dec. 13 (Bloomberg) -- Alvarion Ltd. surged to the highest level since October following a gain in the telecommunication- equipment maker’s U.S. shares yesterday.
The shares rose 8.2 percent to 3.993 shekels, or the equivalent of $1.06, the highest level since Oct. 31 at the 4:30 p.m. close in Tel Aviv. The U.S.-traded shares rose 6.2 percent to $1.03.
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--Editors: Shanthy Nambiar, Claudia Maedler
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