SOON.SW · PEAD ↑ 100

Sonova reported full-year 2025/26 results on 2026-05-18; EPS actuals are not yet in our feed.

Print-day reaction was +7.9% versus the prior close, a decisive single-session re-rating that pushed SOON.SW well clear of its pre-announcement range. The overnight gap to the next open added a further +0.7%, signalling that after-hours sellers did not materialise. Over the following two trading sessions the stock drifted an additional +2.0%, sustaining the move without any meaningful give-back. Cumulative abnormal return of +13.4% versus SPY.US puts this emphatically in PEAD long territory; per the documented post-earnings drift pattern, the read is held through 2026-08-13.