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On September 15, 2025, e.l.f. , . , reflecting heightened investor interest.
The surge in trading activity and price movement aligns with broader market dynamics but lacks direct linkage to specific corporate announcements or industry-wide catalysts. Analysts note the volume spike could signal short-term speculative positioning or algorithmic trading activity, though no material news from the company or sector was cited as a driver.
To accurately execute the back-test, . Universe definition (e.g., NYSE/NASDAQ common stocks, Russell 3000, ETF inclusion/exclusion). 2. . 3. , . 4. . equities). The back-test engine will process a single synthetic portfolio object, . , 2022, to the current date.

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