Feb. 12 (Bloomberg) -- Allot Communications Ltd., the Israeli maker of high-speed networking equipment, declined the most in more than three months following a drop in the U.S.- traded shares last week while Tel Aviv markets were closed.
The shares tumbled 9.6 percent, the biggest intraday drop since Nov. 8, to 61 shekels, or the equivalent of $16.39, at 11:44 a.m. in Tel Aviv. The stock closed at $16.13 in New York on Feb. 10.
The Tel Aviv Stock Exchange opened for the first time since Feb. 7 today after a general strike that also shut also banks and government offices.
--Editors: Susan Lerner, Inal Ersan
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