23 names are moving together; 48% are participating in the current session.
Observed member paths adjusted against SPY. Shading marks the latest observation window.
| TICKER | Company | Sector | Today | Observed activity |
|---|---|---|---|---|
| CRNC | Cerence Inc. | Technology | +0.0% | Group member |
| ADTN | ADTRAN Holdings, Inc. | Technology | +0.0% | Group member |
| ALMU | Aeluma, Inc. | Technology | +0.0% | Group member |
| AMSC | American Superconductor Corpora | Industrials | +0.0% | Group member |
| ADEA | Adeia Inc. | Technology | +4.5% | Group member |
| CRDO | Credo Technology Group Holding | Technology | +5.4% | Group member |
| NVTS | Navitas Semiconductor Corporati | Technology | +6.5% | 2/3 observed active sessions |
| ALAB | Astera Labs, Inc. | Technology | +3.2% | Group member |
| AAOI | Applied Optoelectronics, Inc. | Technology | +16.9% | Group member |
| PLUG | Plug Power, Inc. | Industrials | +1.5% | Group member |
| DUOT | Duos Technologies Group, Inc. | Technology | — | 1/3 observed active sessions |
| ENVX | Enovix Corporation | Industrials | — | Group member |
| FCEL | FuelCell Energy, Inc. | Industrials | — | Most structurally connected |
| HNRG | Hallador Energy Company | Utilities | — | Group member |
| HYLN | Hyliion Holdings Corp. | Consumer Cyclical | — | Group member |
| INDI | indie Semiconductor, Inc. | Technology | — | Group member |
| OUST | Ouster, Inc. | Technology | — | Group member |
| PCT | PureCycle Technologies, Inc. | Industrials | — | Group member |
| POET | POET Technologies Inc. | Technology | — | Group member |
| QUIK | QuickLogic Corporation | Technology | — | 1/3 observed active sessions |
| RNW | ReNew Energy Global plc | Utilities | — | Group member |
| SLDP | Solid Power, Inc. | Consumer Cyclical | — | Group member |
| VLN | Valens Semiconductor Ltd. | Technology | — | Group member |
Cohort
23 namesParticipation
48% this sessionObserved history
17 daily buildsFiling coverage
20/23 memberscredit / rates affecting interest expense
“ended July 31, 2025, partially offset by decreases in Administrative and selling expenses and Research and development expenses compared to the comparable prior year period and a $5.2 million decrease in gross loss. Interest expense Interest expense for the nine months ended July 31, 2025 and 2024 was $7.7 million and $7.2 million, respectively.”
FCEL 10-Q
restructuring affecting expense
“Administrative and selling expenses were lower during the three months ended January 31, 2026 than during the three months ended January 31, 2025 primarily due to lower compensation expense as a result of the restructuring actions in November and June of fiscal year 2025.”
FCEL 10-Q
restructuring
“Our expected expenditures for the fiscal year have been reduced (from a range of $20.0 million to $25.0 million as of the beginning of fiscal year 2025) as a result of our June 2025 restructuring plan.”
FCEL 10-Q
This identity theme becomes less useful if activity narrows to one or two names instead of remaining broad across the cohort.
CRDOsupplier · Moving with the group now · 115 min observed
Filing receipt · AMKR / CRDO
“Package, Assembly and Testing : Upon the completion of processing at the foundry, we use third-party contractors for packaging, assembly and testing, including Amkor Tec…”
CRDO · supplier
AAOIcustomer · Not moving with the group now
Filing receipt · MSFT / AAOI
“In 2025 , our key customer in the internet data center market was Microsoft .”
AAOI · customer
CRDOsupplier · Moving with the group now · 115 min observed
Filing receipt · TSM / CRDO
“In fiscal year 2026, we exclusively used Taiwan Semiconductor Manufacturing Company Limited (TSMC) for semiconductor wafer production.”
CRDO · supplier
ADEAcustomer · Not moving with the group now
Filing receipt · AMZN / ADEA
“The increase of $57.4 million was primarily attributable to the execution a new long-term license agreement with Disney in the fourth quarter of 2025, partially offset b…”
ADEA · customer
QUIKsupplier · Moving with the group now · 115 min observed
Filing receipt · INTC / QUIK
“Our eFPGA IP is currently developed across a range of semiconductor manufacturing process technologies, including Intel 18A and process nodes such as 12nm, 16nm, 22nm, 2…”
QUIK · supplier