Echostar Shares Fall 4.4% as $380M Volume Ranks 295th in U.S. Turnover Amid Profit-Taking

On September 10, 2025, , marking its lowest intraday level in over three months. , , ranking 295th among U.S.-listed equities by turnover. The selloff follows a broader market rotation into defensive sectors amid rising bond yields, though sector peers exhibited mixed performance.

. Institutional selling pressure intensified mid-morning as technical indicators approached key resistance levels. Short-term momentum indicators turned negative, , signaling potential further downward pressure in the near term.

To run this back-test accurately I’ll need to make a couple of practical assumptions and obtain quite a large data set. Please let me confirm these details with you before I pull the data: 1. Universe • Default: all U.S.–listed common stocks (NYSE + NASDAQ + NYSE-Arca) that were active on each trading day. • Alternative: a narrower universe such as the Russell 3000 or S&P 1500. 2. Weighting of the daily portfolio • Default: equal-weight across the 500 names selected each day (i.e., . • Alternative: volume-weighted or market-cap-weighted. 3. Transaction costs / slippage • Default: none (pure gross returns). • Alternative: per-trade cost you would like me to include (e.g., . 4. . Once you confirm (or adjust) the above, . • Construct the daily “top-500-by-volume” list, rebalance at each close, hold one day, . Let me know if those defaults are acceptable or if you’d like any changes.