Elbit Systems Stock Pulls Back in Tel Aviv
Elbit Systems shares dropped in Tel Aviv on Monday, trimming last week’s rally. The Israeli defense contractor posted record quarterly revenue and reported its order book topped $30 billion. The stock was changing hands at 245,940 ILA at 12:48 p.m. local, off 2.91%. That's roughly 2,459.40 shekels a share. The TA-125 index dropped 1.53%. ILA is the Tel Aviv quote unit, equal to 0.01 shekel.