Objective read
The reaction, under the hood
The first regular session closed -6.61% from the pre-report close of $88.01. Volume ran at 3.64 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, NKE was +1.35% while SPY was +1.86%. The -0.51% 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 64.9. The first-session range was 2.88 ATR with the close at 1% of that session's range.
