demand / volume
“Average industry margins were notably more favorable during the three months ended March 31, 2026 in comparison to the same period in 2025, primarily due to geopolitical impacts on supply and demand dynamics.”
PBF 10-Q
Confirmed
Biotech & Industrial Solutions
12 names are moving together; 25% 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 |
|---|---|---|---|---|
| WMS | Advanced Drainage Systems, Inc. | Industrials | -2.2% | Group member |
| ERII | Energy Recovery, Inc. | Industrials | -0.8% | Group member |
| ZBIO | Zenas BioPharma, Inc. | Healthcare | -2.9% | Group member |
| ESTA | Establishment Labs Holdings Inc | Healthcare | -0.2% | Group member |
| ROIV | Roivant Sciences Ltd. | Healthcare | -4.1% | Group member |
| LOAR | Loar Holdings Inc. | Industrials | -1.6% | Group member |
| BAP | Credicorp Ltd. | Financial Services | -2.9% | Group member |
| CXT | Crane NXT, Co. | Industrials | -0.6% | Group member |
| IMMX | Immix Biopharma, Inc. | Healthcare | -5.6% | Group member |
| EZGO | EZGO Technologies Ltd. | Consumer Cyclical | +1.9% | Group member |
| CSW | CSW Industrials, Inc. | Industrials | +0.6% | Group member |
| PBF | PBF Energy Inc. | Energy | +8.0% | Most structurally connected |
Why we believe this
Cohort
12 namesParticipation
25% this sessionObserved history
1 daily buildsFiling coverage
10/12 membersdemand / volume affecting revenue
“The increase was primarily due to the continued conversion of strong project bookings into revenue and market expansion.”
CSW 10-K
restructuring affecting expense
“44 Our results for the three months ended June 30, 2025 were positively impacted by special items consisting of a gain on insurance recoveries of $189.0 million, or $139.9 million net of tax and our share of the adjustment to the SBR lower of cost or market (“LCM”) (“SBR LCM”) inventory reserve of $8.0 million, or $5.9 million net of tax, partially offset by expenses associated with the Martinez fire of approximately $30.4 million, or $22.5 million net of tax and severance and related charges in connection with the RBI initiative of approximately $13.6 million, or $10.1 million net of tax.”
PBF 10-Q
Biotech & Industrial Solutions can stay leader-led if ERII and the next software names fail to join while PBF 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.