NeoGames SA (NASDAQ:NGMS), which agreed to a sale to Aristocrat Leisure in May, fell 3%, likely as NeoGames is based in Israel and uncertainty over the war.
Aristocrat Leisure agreed to acquire NeoGames, which is based in Tel Aviv, for $29.50 a share in an all-cash deal for the lottery game technology company in May.
It didn’t appear that there was any other news on Monday that would account for the stock decline.
NeoGames (NGMS) and Aristocrat didn’t immediately respond to the Seeking Alpha email request for comment.