Objective read
The reaction, under the hood
The first regular session closed -5.73% from the pre-report close of $84.98. Volume ran at 2.67 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, MU was -9.30% while SPY was +2.94%. The -12.24% 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 59.9. The first-session range was 1.06 ATR with the close at 9% of that session's range.