Howmet's $620M Surge Propels It to 179th in U.S. Trading Volume Amid Mixed Earnings

On Sept. 16, 2025, , . equities by trading volume. Despite the elevated liquidity, .

Recent developments highlight the ’s sensitivity to global supply chain dynamics. Analysts noted that Howmet’s performance reflects broader industry pressures, including delayed production timelines and raw material price volatility. The company’s exposure to commercial aviation demand cycles remains a key focus for investors, with recent quarterly reports underscoring cautious guidance for near-term earnings growth.

Technical indicators suggest short-term uncertainty. The stock’s trading pattern aligns with a following a prolonged bearish trend, with institutional activity showing reduced net buying pressure. Market participants are closely monitoring upcoming earnings releases and potential regulatory updates in the aluminum recycling segment.

To run a rigorous back-test we need to pin down a few practical details: 1. Market universe — Which exchange(s) should the “top-500-by-volume” list be drawn from? 2. Ranking & portfolio construction — The ranking date: use the previous day’s close/volume or the same day’s intraday volume snapshot? 3. Trade execution assumptions — Buy at the close and sell at the next day’s close? 4. Benchmark — Do you want the results compared to a benchmark index? Because this is a cross-sectional multi-asset strategy, I will need to fetch daily volume data for the entire equity universe over the 2022-present window and generate daily portfolio weights. Please confirm the above points, and I’ll proceed to build the data retrieval plan and run the back-test.