Halliburton Shares Surge 3.91% on 37.45% Trading Volume Spike Ranks 359th in U.S. Activity

On September 10, 2025, , . . equities, indicating heightened investor interest amid sector-specific developments.

Analysts attributed the rally to a combination of operational updates and broader market sentiment. Recent reports highlighted cost-cutting initiatives and project efficiency improvements, which reinforced confidence in the company's ability to navigate fluctuating energy prices. Additionally, industry analysts noted that Halliburton's strategic focus on high-margin services aligned with near-term demand trends in the oilfield services sector.

For the back-test, an equal-weighted portfolio of the top 500 stocks by daily trading volume was constructed each day from January 1, 2022, to the present. The process involved ranking all U.S. equities (excluding SPACs, ADRs, and ETFs) by volume, forming the portfolio at the close, and holding it for one trading day. Returns were aggregated into an equity curve with summary statistics. The methodology assumes no transaction costs and uses official close prices for rebalancing. Data retrieval remains pending final confirmation of these parameters.