Objective read
The reaction, under the hood
The first regular session closed -16.18% from the pre-report close of $103.90. Volume ran at 4.21 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, MU was +5.27% while SPY was +2.86%. The +2.41% 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 51.9. The first-session range was 1.36 ATR with the close at 39% of that session's range.