restructuring affecting expense
“This increase was primarily driven by higher employee-related costs, partially offset by a decrease in restructuring expenses.”
TOST 10-Q
Confirmed
Online Travel & Delivery
9 names are moving together; 11% are participating in the current session.
Co-movement
Observed intraday paths are not available for this group yet.
Members
| TICKER | Company | Sector | Today | Observed activity |
|---|---|---|---|---|
| BKNG | Booking Holdings Inc. Common St | Consumer Cyclical | -0.9% | Group member |
| MELI | MercadoLibre, Inc. | Consumer Cyclical | -1.2% | Group member |
| TOST | Toast, Inc. | Technology | -3.8% | Most structurally connected |
| NET | Cloudflare, Inc. | Technology | -1.1% | Group member |
| FOUR | Shift4 Payments, Inc. | Technology | -1.9% | Group member |
| DASH | DoorDash, Inc. | Consumer Cyclical | -5.4% | Group member |
| CARG | CarGurus, Inc. | Consumer Cyclical | -3.9% | Group member |
| EXPE | Expedia Group, Inc. | Consumer Cyclical | -1.6% | Group member |
| MMYT | MakeMyTrip Limited | Consumer Cyclical | -8.9% | Group member |
Why we believe this
Cohort
9 namesParticipation
11% this sessionObserved history
1 daily buildsFiling coverage
8/9 membersdemand / volume affecting orders
“Flight gross bookings increased 25% year-over-year for the three months ended March 31, 2026 due to airline tickets growth, partially offset by lower average airline ticket prices.”
BKNG 10-Q
demand / volume affecting expense
“Marketing expenses as a percentage of total gross bookings in the three months ended June 30, 2025 were lower than in the three months ended June 30, 2024 due to lower brand marketing expenses and an increase in the share of room nights booked by consumers coming directly to our platforms, partially offset by increased spend in social media channels.”
BKNG 10-Q
Online Travel & Delivery can stay leader-led if FOUR and the next software names fail to join while TOST keeps moving.
Connected, outside the group
No high-confidence filing-linked non-members are available for this group yet.
History
Historical cohort observations are not available yet.