Objective read
The reaction, under the hood
The first regular session closed +6.15% from the pre-report close of $156.98. Volume ran at 2.29 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, NKE was -7.56% while SPY was -0.71%. The -6.85% 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 30.6. The first-session range was 1.68 ATR with the close at 30% of that session's range.