Check Point market cap dips below $13b
Check Point, which not long ago was Israel’s most valuable company on Wall Street, has now slipped to sixth place behind Teva, Elbit Systems, Tower Semiconductor, Nova, and Enlight Renewable Energy.
Almadev cuts valuation to complete offering
Almadev, formerly Elad Canada and now owned by Canadian company Rester Management, raised NIS 340 million after compromising on its valuation with the financial institutions.
LivePerson to delist from TASE
At its peak the SaaS digital messaging and chat company had a market cap of $4.7 billion but today its market cap is just $26 million.
Barkat brothers put Meitav up for sale
JP Morgan has been asked to find a buyer for the Israeli investment house. Meitav founder Zvi Stepak: The Stepak family has no intention of selling its shares.