Objective read
The reaction, under the hood
The first regular session closed -4.86% from the pre-report close of $125.61. Volume ran at 2.82 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, NKE was +0.05% while SPY was +3.82%. The -3.77% 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 63.4. The first-session range was 2.10 ATR with the close at 3% of that session's range.