- Israeli telco Partner Communications (PTNR -7.5%) is sliding after gapping down for the second day in a row on no specific news. It is set to announce Q2 results on Aug. 28.
- Likely to blame? Rival Cellcom Israel's Q2 results missed on revenues by an ell due to price wars caused by new market entrants. The two stocks have moved in near-perfect tandem since 2008.
- The plunge in Israeli stocks following U.S. escalation over Syria isn't helping either.
Partner Communications slides before Q2 results
Aug 27 2013, 14:16 ET