NKE Reports June 30. The Stock Is Down 40% and Expectations Are Already in the Gutter. Business NKE Reports June 30. The Stock Is Down 40% and Expectations Are Already in the Gutter. Market Spectator June 28, 2026 Options traders are pricing an 8.5% move. The real question is what happens to gross margin. Read More Read more about NKE Reports June 30. The Stock Is Down 40% and Expectations Are Already in the Gutter.