Objective read
The reaction, under the hood
The first regular session closed +4.02% from the pre-report close of $43.98. Volume ran at 1.90 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, MU was -2.80% while SPY was +4.96%. The -7.75% 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 53.0. The first-session range was 1.15 ATR with the close at 46% of that session's range.