VICI Properties Tumbles to 386th in $300M Volume Amid Lease Negotiations and Earnings Doubts

On October 8, 2025, VICI Properties (VICI) recorded a trading volume of $0.30 billion, ranking it 386th among all stocks traded that day. The stock closed down 1.75% as mixed market sentiment and sector-specific pressures weighed on its performance.

Recent developments highlight strategic challenges for the company. A regulatory filing revealed ongoing negotiations with a major landlord to restructure lease agreements, which could impact future cash flow projections. Analysts noted the uncertainty surrounding these talks may have contributed to investor caution. Additionally, a revised earnings forecast from a key tenant in the hospitality sector underscored broader industry volatility, casting doubt on VICI’s stabilized revenue streams.

To run this back-test accurately I need to clarify several parameters: the market universe (e.g., S&P 500 vs. all U.S. stocks), portfolio formation rules (equal-weight vs. value-weighted), and data coverage specifics (e.g., transaction costs, volume thresholds). Confirmation on these details will ensure the one-day-hold back-test aligns with the intended methodology for evaluating VICI’s historical performance from January 1, 2022, to October 8, 2025.