Objective read
The reaction, under the hood
The first regular session closed -3.97% from the pre-report close of $143.17. Volume ran at 3.96 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, NKE was -6.19% while SPY was +6.59%. The -12.77% 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 58.0. The first-session range was 2.07 ATR with the close at 27% of that session's range.