Paychex Rises 0.31% on $560M Volume as 197th Most-Traded U.S. Stock Ahead of Earnings Report

Paychex (PAYX) closed September 22, 2025, , , . The stock ranked 197th in trading volume among U.S. equities. , .

, driven by the successful integration of Paycor and strong client retention. , . . Despite these gains, challenges in Florida’s at-risk medical plans and macroeconomic uncertainties tempered the outlook, leading to a neutral sentiment in the earnings call.

Paychex’s financial position remains robust, . The PEO business showed resilience despite headwinds, . Cross-selling opportunities within Paycor’s client base are expected to drive further revenue synergies.

To ensure I design the back-test exactly the way you want, could I clarify two items first? 1. Universe – Should we use all U.S. listed common stocks (NASDAQ, NYSE & NYSE-Arca) as the pool from which to pick the daily top-500 by dollar trading volume, or do you have another universe in mind (e.g., only S&P 500 constituents)? 2. ? Once I have those details, I’ll build the retrieval plan and run the back-test.