Rare card
Post–earnings-announcement drift
- Value
- 50 W
- Attack
- 769
- Defence
- 615
- Players
- 0
In financial economics and accounting research, post–earnings-announcement drift or PEAD (also named the SUE effect) is the tendency for a stock's cumulative abnormal returns to drift in the direction of an earnings surprise for several weeks (even several months) following an earnings…
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