DUOL · PEAD → 0

Duolingo reported Q2 2026 EPS of $0.66 on 2026-08-05, beating the $0.61 consensus by $0.05 (+8.2%).

Print-day reaction was -1.8% versus the prior close, a muted negative response despite the EPS beat. The overnight gap to the T+1 open extended the softness by a further -3.9%, signalling continued selling pressure after hours. Over days 1–3 the stock staged a sharp reversal, drifting +11.9% from the T+1 close to the T+3 close — a near-complete round-trip that offset the initial decline. Cumulative abnormal return of -0.6% versus SPY.US sits well within the ±3% neutral band, producing a PEAD verdict of none; no drift signal through 2026-11-02.