CoreWeave Falls 0.7% as $3.7B Volume Pushes It to 20th in Market Activity

On October 6, 2025, CoreWeave (CRWV) closed with a 0.70% decline, trading at a volume of $3.70 billion, ranking 20th in market activity. The stock's performance reflects mixed investor sentiment amid evolving market dynamics. Recent developments indicate growing institutional interest in the company's infrastructure solutions, though short-term volatility remains influenced by broader macroeconomic factors.

Analysts note that CoreWeave's positioning in the AI infrastructure sector continues to attract strategic capital allocations, particularly from firms seeking exposure to compute-intensive technologies. However, near-term price action suggests caution among traders, with technical indicators showing increased selling pressure in afternoon sessions. The stock's liquidity profile remains robust, with average daily volume exceeding $3 billion in recent weeks.

To run this back-test accurately I need to pin down a few practical details first: 1. Universe • Which market do you want to screen for the “top-500-by-volume” list each day (e.g., all U.S.-listed common stocks, NYSE only, NASDAQ + NYSE, etc.)? • Alternatively, would you accept a readily-defined benchmark universe (for example the Russell 1000 or S&P 500) as a proxy, so we can focus on the equal-weighted daily-rebalanced performance? 2. Trade price and rebalance timing • Enter at the next session’s open or at the same day’s close? • Exit exactly one trading day later at the open or the close? 3. Transaction costs / slippage • Should we embed a per-trade cost (e.g., 1 bp each side) or assume frictionless trading? 4. Weighting scheme • Equal weight across the 500 names (default) or volume-weighted? If you’re happy with the common defaults below, just let me know and I can proceed immediately: • Universe: U.S. common stocks (NYSE + NASDAQ + AMEX). • Trade execution: buy at today’s close, sell at tomorrow’s close. • No transaction costs. • Equal-weight across the 500 selected stocks. Feel free to confirm or modify any of the above so I can start the data pull and run the back-test.