Jerusalem, 7 October, 2026 (TPS-IL) — The shares of Israeli drone-camera maker NextVision plunged roughly 23% over two trading sessions as the Tel Aviv Stock Exchange suffered a sharp selloff. NextVision fell 12.65% on Tuesday following Fidelity’s sale of 5.7 million shares, worth approximately NIS 1.3 billion ($426 million), at a 7% discount to the previous closing price.
The stock fell another 11.4% on Wednesday, closing at NIS 189, while the benchmark Tel Aviv 35 Index dropped 2.44%. NextVision was the weakest performer in the index, while Camtek and Tower Semiconductor also suffered significant declines.
Fidelity’s sale reduced its stake from about 9.5% to 4%. NextVision Chairman Chen Golan said the transaction was unrelated to the company’s business and that there had been no material change in its operations. He said the company continues to see strong demand and expects a strong 2027.