Objective read
The reaction, under the hood
The first regular session closed -2.65% from the pre-report close of $113.37. Volume ran at 2.00 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, NKE was -4.19% while SPY was +4.29%. The -8.48% 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 54.5. The first-session range was 0.97 ATR with the close at 23% of that session's range.