FRGE

FRGE is currently trading as a 'Risk-Arb' proxy, tethered to the $45.00 all-cash acquisition offer from Charles Schwab (approved by shareholders on Jan 22, 2026). The 'Realized Volatility of 2.6%' is the structural tell—this is no longer a growth equity but a bond-like instrument awaiting regulatory closing. While the broader tech sector faces volatility from Amazon's $200B CapEx shock (-11%), FRGE's decoupling (+0.02%) validates the deal's hardness. The 'ALPHA_MALE' and 'QUIET_STORM' signals are not identifying a breakout, but rather the high-conviction 'Institutional Absorption' of the remaining $0.35 spread.