ESLT - Elbit Systems Shares Are Down Today: What's Going On? | Benzinga
Elbit Systems Ltd. (NASDAQ:ESLT) shares are trading lower after it disclosed that it expects to record non-cash expenses of approximately $52 million in the fourth quarter of 2023.
The expenses are related to the write-off of inventory due to the closing of an underperforming subsidiary with limited synergies and contract assets ...