Objective read
The reaction, under the hood
The first regular session closed -7.62% from the pre-report close of $101.40. Volume ran at 3.32 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, NKE was -2.93% while SPY was +4.40%. The -7.33% 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 57.5. The first-session range was 1.67 ATR with the close at 2% of that session's range.