Objective read
The reaction, under the hood
The first regular session closed -0.98% from the pre-report close of $127.25. Volume ran at 2.90 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, MU was -12.20% while SPY was +4.50%. The -16.69% 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 81.4. The first-session range was 1.49 ATR with the close at 36% of that session's range.