🔴 Novanta is trading 6% down in pre-market as U.S. futures and indexes fall

Novanta is trading at $131.55, down 5.99%, as U.S. futures and major indexes point lower.

• Supplied market context shows the Nasdaq down 1.78% and the S&P 500 down 1.01%.
• Overnight reports cite renewed investor concerns about AI spending and Gulf uncertainty weighing on Asian shares and futures; Reuters reported U.S. stock futures were down 0.4% in early trading.
• No company-specific announcement explaining the decline was found; Novanta’s Q3 results are scheduled for November 9.