Objective read
The reaction, under the hood
The first regular session closed -0.56% from the pre-report close of $17.80. Volume ran at 2.38 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, MU was -4.61% while SPY was -1.71%. The -2.90% 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 60.8. The first-session range was 1.75 ATR with the close at 40% of that session's range.