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On July 31, 2025,
(TPR) closed with a 0.16% decline, trading at a volume of $360 million, ranking 408th in market activity. The stock’s muted performance coincided with investor focus on its upcoming earnings communication schedule.Tapestry announced a conference call on August 14 to discuss fiscal 2025 fourth-quarter results, with preliminary details to be released via press release. This follows a prior earnings call in May to review the stronger-than-expected third-quarter performance, which included raised full-year guidance. The company also confirmed an Investor Day event on September 10 to outline strategic growth initiatives and financial projections, signaling continued emphasis on long-term planning amid market volatility.
The strategy of purchasing the top 500 stocks by daily trading volume and holding them for one day delivered a 166.71% return from 2022 to the present. This outperformed the benchmark return of 29.18%, generating an excess return of 137.53%. The strategy's success is a result of effectively capturing market momentum while managing risk, as evidenced by its ability to consistently identify high-liquidity stocks. Despite recent volume contractions and market fluctuations, the strategy remains viable for aligning with short-term liquidity trends.

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