Objective read
The reaction, under the hood
The first regular session closed -2.95% from the pre-report close of $55.28. Volume ran at 2.33 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, MU was +11.90% while SPY was +9.21%. The +2.69% spread shows whether the move remained company-specific or faded back toward the broad tape.
Before the report, price was below its 55-day EMA and RSI measured 32.9. The first-session range was 0.95 ATR with the close at 88% of that session's range.