Bloomberg News

Perrigo Drops Most in 3 Months, Tracking U.S. Shares Decline

February 13, 2012

(Updates with closing share price in second paragraph.)

Feb. 12 (Bloomberg) -- Perrigo Co. declined the most in more than three months following a drop in the U.S.-traded shares last week.

The shares fell 4.4 percent, the biggest decline since Oct. 30, to 349.80 shekels, or the equivalent of $94, at the 5 p.m. close in Tel Aviv. The stock closed at $93.31 in New York on Feb. 10.

The Tel Aviv Stock Exchange opened today for the first time since Feb. 7 after a general strike.

--Editors: Claudia Maedler, Shanthy Nambiar

To contact the reporter on this story: Shoshanna Solomon in Tel Aviv at ssolomon22@bloomberg.net

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


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