ORCL · PEAD ↓ 92

Oracle reported Q4 FY2026 results on 2026-06-16; consensus EPS was $1.95 (actual not yet in our feed).

Print-day reaction was −2.2% versus the prior close of $192.64, with the stock settling at $188.33 on the event date. The overnight gap to the T+1 open added a further −1.2%, signalling continued selling pressure into the following session with no after-hours stabilisation. Days 1–3 saw an additional drift of −4.6%, a sharp continuation rather than any mean-reversion, bringing the total 3-day return to −9.1%. Cumulative abnormal return of −7.7% versus SPY.US firmly places this in PEAD short territory; the documented drift pattern is tracked through the holding window ending 2026-09-11.