Co-movers

daily closes · 499dMethod

Moved together

NOVTwithVCEL

×0.34co-movement · VCEL on NOVT · 499d

r 0.35scale to r 0.75

No shared co-movers.

NOVT, solidVCEL, hatched× = co-movement · βr = correlationBar = r to r 0.75Source: daily closes

NOVTNovanta Inc

146.76+0.68%· post 146.76

Mkt cap$5.5BRevenue$266MQ2 FY26Revenue$981MFY25

VCELVericel Corp

40.49+0.58%· post 40.49

ClosedNov 2 '26

Mkt cap$2.1BRevenue$77MQ2 FY26Revenue$276MFY25

vs

Compare

ClosedNov 2 '26

NOVTNovanta Inc

vs

VCELVericel Corp

146.76+0.68%post 146.76

Price

40.49+0.58%post 40.49

$5.5B

Mkt cap

$2.1B

Q2 FY26$266M

Revenue

$77MQ2 FY26

FY25$981M

Revenue

$276MFY25

NOVT compared with VCEL: revenue, margins and what each company keeps, and the suppliers and customers both name