HEXA-B.ST · PEAD ↓ 17

Hexagon AB reported Q1 2026 results on 2026-04-23; consensus EPS was 0.09 (actual not yet in our feed).

Print-day reaction was +2.1% versus the prior close, as the stock lifted from 102.75 to 104.95 on the event day. The overnight gap to the T+1 open, however, pulled back –1.4%, signalling immediate post-close fading. Over the following two trading sessions (T+1 through T+3), price drifted a further –3.1%, fully unwinding the initial move and then some. Cumulative abnormal return of –3.7% versus SPY places this in PEAD short territory; the drift reverses the initial reaction, and the read holds through 2026-07-21.