Objective read
The reaction, under the hood
The first regular session closed -1.29% from the pre-report close of $84.79. Volume ran at 2.08 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, NKE was -13.49% while SPY was -5.90%. The -7.60% spread shows whether the move remained company-specific or faded back toward the broad tape.
Before the report, price was above its 55-day EMA and RSI measured 61.3. The first-session range was 2.14 ATR with the close at 63% of that session's range.