Novanta stock sinks 6.7% to start 2026; ISM data and JPM conference loom
Novanta shares dropped 6.7% to $111.14 in Friday’s first 2026 session, underperforming a mixed broader market. Trading was thin, with no company-specific news cited for the decline. Investors are watching upcoming macro data, including Monday’s ISM factory survey and the company’s Jan. 14 conference appearance.