COTN.SW · PEAD ↑ 32

Comet Group reported H1 2026 results on 2026-07-31; no EPS actuals are yet in our feed.

Print-day reaction was −3.1% versus the prior close, as the market initially sold the news on earnings day. The overnight gap into T+1 recovered +3.2%, erasing the after-hours pressure and signalling a sentiment reversal before the next session opened. Over the following two trading days the stock drifted an additional +5.4%, decisively reversing the initial negative reaction and sustaining upward momentum with no material give-back. Cumulative abnormal return of +5.2% versus SPY.US places this firmly in PEAD long territory; the documented drift pattern holds through the window ending 2026-10-28.