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Israel Acquisitions Corp shares rise 1.52% intraday after Bezeq Telecom's quarterly profit gains and regulatory relief.
ByAinvest
Wednesday, Aug 6, 2025 1:27 pm ET1min read
Israel Acquisitions Corp rose 1.52% intraday, with the company's stock price movement aligning with the news that Bezeq The Israel Telecommunication Corp. Ltd reported earnings results for the half year ended June 30, 2025, with a net loss of ILS 23 million. Additionally, Bezeq's quarterly profit gains and regulatory relief, as well as its mobile unit's offer to buy a rival from Altice for $594 million, may have contributed to the positive sentiment surrounding the stock.
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