AT&T’s Trading Volume Plummets 60.59% to Rank 151st Amid Regulatory Pressures and Fierce Competition

On September 22, 2025, , . The stock ranked 151st in trading volume among U.S. equities, .

Recent developments highlight regulatory pressures impacting the telecom sector. A proposed of spectrum allocation policies has raised concerns among investors about potential operational costs for major carriers. noted that the uncertainty could delay capital expenditures, affecting long-term growth projections for companies like AT&T.

pointed to evolving consumer trends as a secondary factor. , compressing margins. , the strategy’s sustainability remains under scrutiny.

To run this back-test accurately I need a bit more detail about how you’d like the “top-500-by-volume” universe defined and what market data to use: 1. Market / Exchange • US-listed equities (NYSE + Nasdaq)? • Another market (e.g., Shanghai, Hong Kong, etc.)? 2. Volume metric • Raw share volume? • Dollar volume (shares × price)? 3. Rebalancing & capital allocation • Equal-weight each of the 500 names every day? • Do you want to apply any position size cap or slippage assumption? 4. Benchmark (optional) • Compare against SPY, CSI 300, or simply report absolute performance? Once I have these clarifications I can generate the data-collection plan and run the back-test from 2022-01-01 to today.