McKesson's $0.4B Volume Plummets 59.86% to Rank 270 as Liquidity Dilemma Deepens

On September 22, 2025, , . This placed the stock at rank 270 in terms of dollar volume across U.S. equities, .

Recent market dynamics suggest muted investor engagement in McKesson’s stock, with reduced liquidity observed amid broader market volatility. The sharp drop in trading volume highlights potential hesitancy among traders to initiate new positions, possibly reflecting uncertainty around near-term catalysts or sector-wide risk-off sentiment. Analysts note that such volume contractions often precede consolidation phases, though no immediate earnings or strategic updates have been announced to drive directional bias.

To run this back-test accurately, additional parameters must be clarified: the (e.g., all U.S. stocks or a specific index), (e.g., daily rankings of dollar volume and equal-weight allocations), assumptions, and price field definitions (e.g., close-to-close returns vs. open prices). These details are critical to align the methodology with the intended strategy and ensure data integrity.

Once the framework is finalized, the back-test can proceed by systematically evaluating the performance of top-ranked stocks based on daily liquidity metrics. This approach aims to assess the viability of volume-driven strategies in capturing short-term price momentum while accounting for execution challenges and market frictions.