ADP Ranks 190th in $450M Volume as Shares Fall 1.32% Ahead of Citi Conference

On August 21, 2025, Automatic (ADP) recorded a trading volume of $0.45 billion, ranking 190th among stocks traded that day. The stock closed down 1.32%, reflecting a mixed investor response to its upcoming investor conference participation.

Automatic announced its management team will present at Citi’s Global TMT Conference on September 4, 2025, at 10:10 a.m. ET. The event will feature a live webcast and archived replay accessible via the company’s investor relations website. This disclosure highlights the firm’s ongoing efforts to engage with stakeholders through direct communication channels.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to 2025 delivered moderate returns. The 1-day return was 1.98%, with a total return of 7.61% over 365 days. The strategy's Sharpe ratio was 0.94, indicating good risk-adjusted returns. However, the maximum drawdown of -29.16% shows the strategy's vulnerability during market downturns.