SNDK · PEAD ↓ 100

SanDisk reported Q3 2026 EPS of $48.92 on 2026-10-29, beating the $46.19 consensus by $2.73 (+5.91%); prior-year EPS comparison is not available in this feed.

Print-day reaction was −5.32% versus the prior close, a sharp sell-the-news move despite the consensus beat. The overnight gap to the T+1 open compounded the damage with an additional −8.64% slide, signalling no after-hours stabilisation. Over the following two trading sessions the stock drifted a further −2.12%, extending losses rather than mean-reverting. Cumulative abnormal return of −17.48% versus SPY.US firmly places this in PEAD short territory; the drift signal is held through 2027-01-26.