Objective read
The reaction, under the hood
The first regular session closed -4.41% from the pre-report close of $68.21. Volume ran at 3.48 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, MU was -2.51% while SPY was -2.00%. The -0.51% 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 48.1. The first-session range was 1.95 ATR with the close at 42% of that session's range.