restructuring
“Auditing management’s goodwill impairment test for certain of the Company’s reporting units was challenging and judgmental due to the estimation required to determine the fair value of the reporting units.”
NVST 10-K
Confirmed
Consumer Cyclical Services
11 names are moving together; 55% 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 |
|---|---|---|---|---|
| SGI | Somnigroup International Inc. | Consumer Cyclical | +1.4% | Group member |
| NVST | Envista Holdings Corporation | Healthcare | +2.4% | Most structurally connected |
| SHAK | Shake Shack, Inc. | Consumer Cyclical | -0.2% | Group member |
| INTR | Inter & Co. Inc. | Financial Services | -1.1% | Group member |
| CHYM | Chime Financial, Inc. | Technology | +2.8% | Group member |
| BROS | Dutch Bros Inc. | Consumer Cyclical | -0.3% | Group member |
| CAVA | CAVA Group, Inc. | Consumer Cyclical | -0.5% | Group member |
| LGND | Ligand Pharmaceuticals Incorpor | Healthcare | -1.6% | Group member |
| WHR | Whirlpool Corporation | Consumer Cyclical | -0.1% | Group member |
| CAKE | The Cheesecake Factory Incorpor | Consumer Cyclical | -0.2% | Group member |
| DRI | Darden Restaurants, Inc. | Consumer Cyclical | +0.1% | Group member |
Why we believe this
Cohort
11 namesParticipation
55% this sessionObserved history
1 daily buildsFiling coverage
10/11 memberscredit / rates
“The increase in net cash used was primarily driven by stock repurchases and the repayment of the 2025 Convertible Notes which matured on June 1, 2025, partially offset by the borrowings under the Revolving Credit Facility and the repayment of the 2028 Term Loan during 2024.”
NVST 10-Q
credit / rates affecting interest expense
“INTEREST COSTS AND FINANCING The decrease in interest expense was primarily due to lower interest rates.”
NVST 10-Q
Breadth and sponsorship may keep weakening, leaving the move isolated.
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.