ESLT is trading at $778.25 (4% down) as the stock undergoes consolidation following a sharp multi-day run-up driven by strong global defense demand.
- The stock recently surged on news that Elbit Systems plans to add 4,000 jobs by 2026 to scale operations and meet rising order volumes.
- Today's decline appears to be a period of natural profit-taking rather than a reaction to fresh company-specific headlines.