Objective read
The reaction, under the hood
The first regular session closed +15.74% from the pre-report close of $1048.51. Volume ran at 1.47 times the prior 20-session baseline, which HPT classifies as ordinary participation.
By session 20, MU was -5.56% while SPY was +0.67%. The -6.23% 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 56.8. The first-session range was 1.15 ATR with the close at 65% of that session's range.