Objective read
The reaction, under the hood
The first regular session closed -4.09% from the pre-report close of $67.07. Volume ran at 3.12 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, MU was +5.96% while SPY was +3.69%. The +2.27% 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 52.2. The first-session range was 2.13 ATR with the close at 18% of that session's range.