Expand Energy Stock Plummets 1.04% as $240M Trading Volume Ranks 471st in Market Activity

On September 8, 2025, , ranking 471st in market activity. The stock's performance reflected broader market dynamics amid mixed sectoral momentum.

Recent developments suggest potential catalysts for the energy sector, though specific operational updates for Expand remain unconfirmed. Analysts noted that macroeconomic indicators and commodity price fluctuations continue to influence investor sentiment toward energy equities. The company's recent has drawn attention, though no material announcements were disclosed in the observed period.

To run this back-test for you I need to pin down a few practical details: 1. Universe • Do you want to rank every U.S. common stock (NYSE + NASDAQ) or a different universe (e.g., S&P 1500, all developed-market stocks, etc.)? 2. Ranking metric • “Daily trading volume” could mean share volume or dollar (share × price) volume. Which should we use? 3. Trade prices • Typical implementation is: – At the close of day t we rank the stocks. – We open positions at the next day’s open (t + 1) and close them at that day’s close (t + 1). • Is that execution schedule acceptable, or would you prefer close-to-close or another convention? 4. Corporate-action treatment • Split- and dividend-adjusted prices are standard. Is that fine? 5. • Should we assume zero trading cost/slippage or include an estimate (e.g., 5 bps in/out)? Once I have these items I can generate the data-retrieval plan and run the back-test.