How did LUCY's Q3 2023 earnings surprise impact its stock?

Innovative Eyewear (LUCY) reported an earnings per share (EPS) surprise of $0.02 for Q3 2023, which was a positive development given the company's financial report period ended on August 11, 2023. However, the stock experienced a decline of 3.76% on the earnings release date, August 8, 2025. This suggests that while the earnings surprise may have been viewed positively by the market initially, other factors likely contributed to the subsequent stock price decrease. |code|Ticker|Name|Date|Percentage Change|market_code| |---|---|---|---|---|---| |LUCY|LUCY.O|Innovative Eyewear|20231012|1.9956|186|