EQT Energy Surges to 371st in Trading Volume with $433 Million Turnover Despite Stock Decline

On May 30, 2025, EQT Energy (EQT) experienced a significant increase in trading volume, with a turnover of $433 million, marking a 123.41% rise from the previous day. This surge placed EQT at the 371st position in terms of trading volume for the day. However, despite the high trading volume, EQT's stock price declined by 0.43%, marking the third consecutive day of decline and a total drop of 2.53% over the past three days.

EQT has announced the sale of Acumatica, a business management software provider, to Vista Equity Partners. The transaction, which is subject to customary conditions and approvals, is expected to close in the third quarter of 2025. This move is part of EQT's strategy to streamline its portfolio and focus on core assets. The sale of Acumatica, which was acquired by EQT in 2019, is expected to generate a significant return on investment for EQT, with reports valuing the deal at approximately $2 billion. The proceeds from this sale could provide EQT with the financial flexibility to pursue new opportunities or return capital to shareholders.

EQT's decision to sell Acumatica comes at a time when the company is trading near its 52-week high, reflecting strong market confidence in its future prospects. The sale of Acumatica is expected to have a positive impact on EQT's stock price, as investors anticipate the potential for increased shareholder returns or strategic investments in other high-growth areas. The transaction is also expected to simplify EQT's portfolio, allowing the company to focus on its core competencies and drive long-term growth.