Linde Stock Surges 1.78% on $810M Trading Volume Ranks 130th in U.S. Equity Market Amid Institutional Buying and Energy Transition Push

. , ranking 130th among U.S. equities. The industrial gases company’s performance was driven by renewed institutional interest and favorable sector positioning amid a rebound in energy infrastructure contracts. Analysts noted increased order activity in its industrial and medical gas segments, reflecting sustained demand in key markets.

Recent developments highlighted Linde’s strategic focus on expanding its North American midstream logistics network. , reinforcing its capacity to meet rising liquefied natural gas export demands. , signaling long-term commitment to energy transition projects.

Market participants observed a shift in institutional trading patterns, with several large-cap funds increasing Linde exposure in Q3 portfolios. , suggesting coordinated buying activity. , indicating improved sentiment among professional traders.

To run this back-test accurately I need to pin down two practical details: 1) Market universe – Should the ranking be done across the entire U.S. equity market, or a more defined universe such as the constituents of the S&P 500 / Russell 3000, etc.? 2) Reference price for entry/exit – Do you want to buy at the day’s close (sell at the next day’s close), or use another price (e.g., open-to-open)? Once I have those two items I can lay out the retrieval plan and launch the back-test.