Co-movers

daily closes · 499dMethod

Moved together

VCELwithNOVT

×0.36co-movement · NOVT on VCEL · 499d

r 0.35scale to r 0.75

No shared co-movers.

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

VCELVericel Corp

41.01+1.23%· post 41.01

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

NOVTNovanta Inc

147.53+0.88%· post 147.52

ClosedNov 3 '26

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

vs

Compare

ClosedNov 3 '26

VCELVericel Corp

vs

NOVTNovanta Inc

41.01+1.23%post 41.01

Price

147.53+0.88%post 147.52

$2.1B

Mkt cap

$5.5B

Q2 FY26$77M

Revenue

$266MQ2 FY26

FY25$276M

Revenue

$981MFY25

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