Could Palantir Technologies stock (NASDAQ: PLTR) drop to $60 in the near future from its current price above $120? Does this seem unlikely?

Investment bank Loop Capital sees the plunge in Palantir Technologies (PLTR) stock as a buying opportunity. Discover the Best Stocks and

Palantir Technologies' stock price dropped 12.9% due to the Pentagon's budget cut and Alex Karp''s trading plan, but there's more.

Palantir Technologies Inc (NASDAQ:PLTR) shares are trading lower Thursday, adding to losses from Wednesday due to the potential for new defense spending cuts.

Palantir has been on a tear, gaining roughly 800% over the past three years, but two developments this week have sent the stock reeling. First, reports emerge

What Happened? Shares of data-mining and analytics company Palantir (NYSE:PLTR) fell 14.5% in the morning session after CEO Alex Karp announced a plan to sell up to 9.98 million shares worth $1.2 billion.