Objective read
The reaction, under the hood
The first regular session closed +4.76% from the pre-report close of $88.21. Volume ran at 1.66 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, MU was -0.17% while SPY was +5.99%. The -6.16% 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 51.3. The first-session range was 0.81 ATR with the close at 37% of that session's range.