Objective read
The reaction, under the hood
The first regular session closed -3.44% from the pre-report close of $51.19. Volume ran at 2.64 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, MU was +20.77% while SPY was +3.73%. The +17.04% 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 36.7. The first-session range was 0.87 ATR with the close at 65% of that session's range.