Novanta Inc. Common Stock
NOVTNovanta Inc. is a technology provider that develops and manufactures intelligent motion, imaging, and optical systems for advanced medical, industrial, and electronics markets. The company's solutions are used in applications such as medical imaging, laser systems, and factory automation, emphasizing innovation and precision.
Company News
Conestoga Capital Advisors sold $20.1 million worth of Novanta stock in Q3, reducing its stake by 168,907 shares due to weak stock performance and sector headwinds, while maintaining a significant position in the company.
Macroeconomic challenges are hurting the Zacks Electronics - Miscellaneous Components industry. However, industry participants like NOVT, OSIS, ROG and AMSC are set to gain from AI and IoT prospects.
William Blair's list of favored stocks for the next 24 months includes Five Below, Chewy and Allstate.
U.S. stocks closed lower on Friday, with the Nasdaq Composite dropping more than 200 points. Here is the list of some big stocks recording gains in the previous session. AMTD Digital Inc. (NYSE: HKD) climbed 234.7% to settle at $68.00 on Friday amid continued post-IPO volatility. Pagaya Technologies Ltd. (NASDAQ: PGY) shares jumped 118.9% to cl...
