NVMI · PEAD ↑ 80

Nova Ltd reported Q3 2026 EPS of $2.72 on 2026-11-05, beating the $2.58 consensus by $0.14 (+5.4%).

Print-day reaction was −5.1% versus the prior close, an initial sell-the-news move that left the stock well below its pre-earnings range. The overnight gap into T+1 open reversed the pressure sharply, adding +9.1% and signalling aggressive re-accumulation after hours. Over the following two sessions the drift extended a further +4.0%, sustaining and broadening the overnight reversal with no meaningful give-back. Cumulative abnormal return of +12.5% versus SPY.US — which itself fell −2.2% over the same window — firmly places this in PEAD long territory; the documented drift pattern holds through the window ending 2027-02-02.