First Citizens Plunges 4.22 as $300M Volume Ranks 370th Amid New Healthcare Tech Partnership
On September 5, 2025, , marking its worst daily performance in recent weeks. , , ranking 370th in market activity. This selloff followed the company’s recent earnings report and a strategic partnership announcement.
The bank announced a new financing initiative with robotic surgery firm Distalmotion to support U.S. customers, signaling a strategic pivot toward specialized healthcare technology sectors. While the partnership highlights FCNCA’s expansion into niche markets, analysts noted the move may not immediately offset broader industry challenges, .
, . , raising concerns about long-term revenue potential. , which analysts said could provide limited near-term confidence.
A backtest of a cross-sectional trading strategy from January 3, 2022, . equities by dollar volume would require advanced tools beyond current capabilities. The strategy involves ranking stocks by volume, , and closing positions the following day. However, , necessitating external frameworks like Python or QuantConnect for accurate evaluation.

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