DUOL · PEAD ↑ 100

Duolingo reported Q3 2026 EPS of $0.54 on 2026-11-03, missing the $0.55 consensus by $0.01 (–1.8%).

Print-day reaction was –5.4% versus the prior close, as the market sold the slim EPS miss on the day of the report. The overnight gap into T+1 open reversed the entire move and then some, surging +25.0%, signalling aggressive accumulation after-hours. Over the subsequent two trading days the drift moderated slightly, with a net –0.5% from the T+1 close through the T+3 close — a near-flat continuation after the explosive gap. Cumulative abnormal return of +20.8% versus SPY.US puts this firmly in PEAD long territory; the documented drift pattern holds through 2027-01-29.