AMZN · PEAD → 0

Amazon reported Q3 2026 EPS of $1.89 on 2026-10-29, missing the $2.01 consensus by $0.12 (-5.97%).

Print-day reaction was -4.25% versus the prior close, a sharp sell-off on the EPS miss that pushed the stock well below its pre-earnings level. The overnight gap to the T+1 open compounded the damage with an additional -4.61% decline, signalling continued seller pressure after hours. Over the following two trading sessions the stock staged a notable +4.30% drift higher, recouping a substantial portion of the initial loss. Cumulative abnormal return of +0.79% versus SPY.US lands inside the neutral band; PEAD direction is none with zero conviction — the drift reversal offset the initial reaction without establishing a clear directional edge through 2027-01-26.