Teva Pharmaceutical Industries Ltd. (TEVA) fell the most since October in Tel Aviv, narrowing the gap with its U.S.-traded shares.
The stock of the world’s largest generic drugmaker dropped 3.6 percent, the biggest decline since Oct. 4, to 150.40 shekels, or the equivalent of $39.33, at the close in Tel Aviv. Teva’s stock in New York fell 7 percent last week to close at $38.90 on May 18.
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