Objective read
The reaction, under the hood
The first regular session closed -6.26% from the pre-report close of $159.58. Volume ran at 4.40 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, NKE was +1.63% while SPY was +2.35%. The -0.72% spread shows whether the move remained company-specific or faded back toward the broad tape.
Before the report, price was below its 55-day EMA and RSI measured 45.1. The first-session range was 1.21 ATR with the close at 41% of that session's range.