Objective read
The reaction, under the hood
The first regular session closed -12.81% from the pre-report close of $95.33. Volume ran at 6.09 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, NKE was -5.02% while SPY was +4.74%. The -9.76% 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 33.4. The first-session range was 1.07 ATR with the close at 17% of that session's range.