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← 21 Aug 2026 · Short-term Top 10 — Communication Services

Short-term Top 10 — Communication Services — what changed on 24 Aug 2026

A dated record of one session: what entered or left, what moved inside the ten and by how much, who is closest to the boundary, and how the list did against its benchmark. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100.

The short-term score is a published weighted sum of percentile ranks, rebalanced every Monday. A list is a published formula and its output, not a recommendation. Method version 3.

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Who entered, who left, and the reason — with the score moves behind it.

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Membership changes on 24 Aug 2026

Entered

  • CARGURUS INC CLASS A (CARG) (rank 0 → 3)
    Entered 24 Aug 2026: score 61.5, rank 3 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version).
  • Alphabet Inc. (Class C) (GOOG) (rank 0 → 7)
    Entered 24 Aug 2026: score 60.2, rank 7 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version).
  • Alphabet Inc. (Class A) (GOOGL) (rank 0 → 4)
    Entered 24 Aug 2026: score 61.2, rank 4 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version).
  • Madison Square Garden Sports (MSGS) (rank 0 → 5)
    Entered 24 Aug 2026: score 60.7, rank 5 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version).
  • Pinterest (PINS) (rank 0 → 1)
    Entered 24 Aug 2026: score 62.8, rank 1 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version).

Left

  • GRINDR INC (GRND) (rank 0 → 31)
    Left 24 Aug 2026: score 49.6, rank 31 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version) (a member leaves above rank 15).
  • News Corp (Class A) (NWSA) (rank 0 → 26)
    Left 24 Aug 2026: score 50.5, rank 26 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version) (a member leaves above rank 15).
  • RUM GROUP INC CLASS A (RUM) (rank 0 → 30)
    Left 24 Aug 2026: score 49.7, rank 30 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version) (a member leaves above rank 15).
  • SPHERE ENTERTAINMENT CLASS A (SPHR) (rank 0 → 20)
    Left 24 Aug 2026: score 54.2, rank 20 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version) (a member leaves above rank 15).
  • Spotify (SPOT) (rank 0 → 39)
    Left 24 Aug 2026: score 46.2, rank 39 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version) (a member leaves above rank 15).

Inside the ten

Not compared with the previous session, 21 Aug 2026: those rows were scored under method version 2 and this session under version 3, and the formula changed between them, so a score is only comparable within one version.

CompanyRankScorePillar that moved most
Pinterest (PINS)162.8 0.0no pillar moved materially
Fox Corporation (Class A) (FOXA)262.0 0.0no pillar moved materially
CARGURUS INC CLASS A (CARG)361.5 0.0no pillar moved materially
Alphabet Inc. (Class A) (GOOGL)461.2 0.0no pillar moved materially
Madison Square Garden Sports (MSGS)560.7 0.0no pillar moved materially
JOHN WILEY AND SONS INC CLASS A (WLY)660.7 0.0no pillar moved materially
Alphabet Inc. (Class C) (GOOG)760.2 0.0no pillar moved materially
MAGNITE INC (MGNI)1058.8 0.0no pillar moved materially
IMAX CORP (IMAX)1158.4 0.0no pillar moved materially
Take-Two Interactive (TTWO)1257.9 0.0no pillar moved materially

At the edge

Knocking

  • Versant (VSNT) scores 1.6 above the lowest member — the sector cap, not the score, is what is keeping it out
  • Roku, Inc. (ROKU) scores 1.4 above the lowest member — the sector cap, not the score, is what is keeping it out

Closest to the exit

Ranked against 66 eligible Communication Services companies on this session. A company at the edge is a company near a boundary, not a prediction that it will cross one.

Against the benchmark

SPY is the S&P 500 ETF — the US large-cap market average.

+0.4% since the previous session (2026-08-21), against −0.3% for SPY — 0.7 points ahead of the benchmark. Tracked since 2026-08-18.

+1.6% since 2026-08-18, against −0.5% for SPY — 2.1 points ahead of the benchmark. Tracked since 2026-08-18.

Both curves are total return through 24 Aug 2026: a distribution buys more of the company that paid it, on the benchmark as much as on the list.

Since start
+1.6%
SPY −0.5% · +2.1 points

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