Objective read
The reaction, under the hood
The first regular session closed -2.82% from the pre-report close of $166.41. Volume ran at 2.39 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, MU was +21.56% while SPY was +1.22%. The +20.34% 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 77.9. The first-session range was 1.12 ATR with the close at 44% of that session's range.