Kadant (KAI) stock drops nearly 3% in thin year-end trading — what investors are watching next
NEW YORK, December 31, 2025, 12:54 ET — Regular session Shares of Kadant Inc (NYSE: KAI) fell 2.9% to $286.94 by 12:54 p.m. ET on Wednesday, extending a year-end slide for the industrial machinery maker. The stock opened at $295.22 and traded between $286.94 and $298.00, with about 110,393 shares changing hands. The move came as U.S. stocks drifted lower in holiday-thinned trading, with the SPDR S&P 500 ETF Trust down about 0.3%, the Invesco QQQ Trust off 0.3% and the Dow-tracking DIA ETF down 0.3%. This is the final U.S. trading session of 2025, a stretch that often sees