Objective read
The reaction, under the hood
The first regular session closed -10.54% from the pre-report close of $65.63. Volume ran at 7.71 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, NKE was -3.05% while SPY was +0.16%. The -3.21% 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 50.8. The first-session range was 1.25 ATR with the close at 23% of that session's range.