Micron Technology's stock (MU) has fallen 9.6% from its recent peak following a record-high earnings report. The decline comes as investors react to unexpectedly high PCE inflation data, prompting a risk-off sentiment in the market. After reaching approximately $1,255, MU has dropped to $1,128, marking a 6.9% decrease over the past 24 hours. The sharp pullback has brought a major bullish whale within $15 of liquidation, according to Hyperinsight monitoring. The market's reaction underscores the volatility and sensitivity to macroeconomic indicators, impacting even stocks with strong earnings performances.