Johnson Shares Surge 1.42% on Strategic Moves, Climbs to 254th in $450M Daily Trading Volume

On September 10, 2025, , , . The stock's performance followed a series of strategic updates and operational adjustments that impacted its market positioning.

Recent developments highlighted include the company's announcement of a $200 million investment in its North American manufacturing facilities, . Additionally, , signaling confidence in its intrinsic value. These moves were accompanied by revised guidance for Q3 2025, .

Analyst activity showed mixed momentum. While three major institutions upgraded their price targets citing improved cost structures, a separate report from an independent research firm flagged short-term liquidity risks due to delayed vendor payments. , suggesting increased institutional activity ahead of the next earnings release.

To run this back-test properly we need to pin down a few practical details about the universe and the data fields. Unless you prefer different settings, I will apply the following working assumptions: 1. Universe: All common stocks listed on NYSE, NASDAQ and NYSE Arca/AMEX (roughly 6 000 tickers). 2. "Trading volume": daily share volume (not dollar volume) reported for the regular session. 3. , equal-weighted. . 4. . 5. Return series: un-levered, gross of transaction costs and taxes, in USD. (If you would like to include estimated trading costs or different weighting, let me know.) Please confirm these assumptions or let me know what you’d like to change. Once confirmed, , , , , , etc.).