Objective read
The reaction, under the hood
The first regular session closed -2.14% from the pre-report close of $79.11. Volume ran at 3.11 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, MU was +2.52% while SPY was +2.27%. The +0.24% 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 75.8. The first-session range was 2.80 ATR with the close at 5% of that session's range.