MARKET TAPEINDICES / ETF PROXIES
VIX 16.39Daily close · Oct 1
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Micron Technology · earnings reaction edition

MU earnings
2024-09-25

What price, participation and market-relative performance did after this report.

AFTER THE REPORT2024-09-25
-8.0%0.0%+23.0%Report close+20 sessions
MUSPYReturn from pre-report close
Next-open gap+18.10%
First session+14.73%
Five sessions+4.26%
20 sessions+9.69%

Objective read

The reaction, under the hood

The first regular session closed +14.73% from the pre-report close of $95.77. Volume ran at 4.53 times the prior 20-session baseline, which HPT classifies as elevated participation.

By session 20, MU was +9.69% while SPY was +1.39%. The +8.30% 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 53.0. The first-session range was 2.06 ATR with the close at 32% of that session's range.