The Surges in Trading Volume to $350M, Ranking 308th Among U.S. Stocks by Daily Turnover

On September 18, 2025, The saw a 54.64% surge in trading volume to $350 million, ranking 308th among U.S. stocks by daily turnover. This marked a significant increase from the previous day’s activity amid mixed market conditions. Meanwhile, Hershey (HSY) declined 1.05% during the session.

Recent developments suggest heightened investor interest in The, driven by strategic positioning in its sector. Analysts noted that the stock’s performance aligns with broader market dynamics, though specific catalysts remain unconfirmed. The firm’s operational updates and capital allocation decisions are expected to remain focal points for near-term volatility.

Back-testing requirements for evaluating The’s performance across multiple scenarios necessitate precise parameters. Key considerations include selecting a stock universe (e.g., all U.S. equities or S&P 500 constituents), defining portfolio weighting methods (equal-weight vs. dollar-volume based), and accounting for transaction costs. Data frequency and pricing conventions also require clarification to ensure accurate return calculations.

To execute the back-test, a custom dataset must be assembled, incorporating daily volume data for the selected universe from 2022 onward. A ranking algorithm will then identify top performers to construct the portfolio. Automation is feasible, but alignment on assumptions—such as buy-at-close/sell-next-close conventions—is critical before data processing begins.