IBM's 1.02% Gain on 2.59 Billion Shares Puts It 27th in Daily Trading Activity
On September 26, 2025, IBMIBM-- closed with a 1.02% gain, trading at a volume of 2.59 billion shares, ranking 27th in market activity for the day. The stock's performance followed a strategic focus on cloud infrastructure expansion and AI-driven enterprise solutions, which has positioned the company to capitalize on evolving technology demand. Analysts noted that IBM’s recent partnerships in hybrid cloud ecosystems have reinforced investor confidence, particularly as competitors face regulatory headwinds in data privacy sectors.
Market participants observed that IBM’s near-term trajectory remains tied to its ability to execute multi-year contracts with Fortune 500 clients. Recent quarterly reports highlighted a 12% year-over-year increase in cloud revenue, driven by adoption of AI analytics tools. However, concerns persist over macroeconomic pressures on enterprise IT spending, though IBM’s diversified revenue streams have mitigated sector-specific risks compared to peers.
To run this back-test robustly I need to pin down a few practical details so I can translate your idea (“buy the 500 most-actively-traded stocks each day, hold one day”) into precise, machine-executable rules and a data-collection plan that matches the capabilities of our back-testing engine. The cross-sectional nature (500 names re-selected daily) is more complex than a single-ticker strategy. I can construct an equal-weighted synthetic portfolio daily and pass that to the back-test engine as one “virtual ticker.” This will involve (a) retrieving daily volume and price data for the entire U.S. equity universe, (b) generating the daily top-500 list, (c) computing the synthetic portfolio’s daily close prices, and (d) running the strategy back-test on that synthetic series. If the above defaults are acceptable, let me know and I’ll proceed.

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