EVRG Surges 1.48% on 74% Volume Jump to $250M Climbs to 402nd Largest U.S. Equity by Turnover Defies Broader Selloff

On September 23, 2025, , marking its strongest single-day performance in three weeks. The stock ranked 402nd in trading volume, . This outperformance came amid a broader market selloff, .

Regulatory developments drove sentiment. , clearing a key hurdle for its decarbonization strategy. . The approval followed three months of stakeholder negotiations, with regulators emphasizing the project’s alignment with regional climate goals.

showed renewed institutional interest. , signaling a potential trend reversal. , suggesting reduced bearish positioning. However, options activity remained muted, .

Back-testing of a high-volume trading strategy (top 500 U.S. equities by dollar volume) revealed limitations. Current tools support single-symbol tests or event-driven analyses but lack multi-asset portfolio construction capabilities. Options include simplifying to an ETF tracking high-volume stocks or testing a static list of 20 tickers. The platform awaits full implementation of daily rebalancing across hundreds of assets.