KAI ▼ -2.1% - Kadant Inc. $KAI - Kadant Announces CEO Succession Plan Kadant announced a CEO succession plan, which prompted investors to sell off the stock, driving shares down 2.1% today. Market reaction to leadership transitions can be negative when investors lack clarity on the successor's strategic direction or track record, though the specifics of Kadant's plan were not detailed in the announcement. 10-SEP-2026 04:38 PM ET