Objective read
The reaction, under the hood
The first regular session closed +2.81% from the pre-report close of $53.04. Volume ran at 2.65 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, MU was +8.71% while SPY was +3.87%. The +4.84% 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 68.6. The first-session range was 0.86 ATR with the close at 45% of that session's range.