After defying gravity for the past couple of years, Palantir Technologies ( PLTR -5.17%) has finally hit turbulence, with the stock plunging as much as 14.9% on Thursday. As of 11:27 a.m. ET, the stock was still down 11.4%.

Palantir Technologies Inc. stock drops 20% amid government budget cuts. Click for why PLTR's commercial growth remains key to its future despite a lofty valuation.

Palantir stock is continuing to slide Thursday as investors weigh a CEO stock sale and potential defense budget cuts. Here’s what you need to know.

Palantir (NASDAQ:PLTR) shares have taken a sharp hit, sliding ~17% since yesterday morning after CEO Alex Karp unveiled plans to offload up to

Netflix is a more mature business than Palantir. However, the streaming giant puts up a surprisingly good fight when matched against one of Wall Street's hottest AI stocks.

Software-as-a-service (SaaS) company Palantir Technologies Inc.’s PLTR shares have soared 388.7% in the past year, a noteworthy comeback after the stock took a beating in its initial public offering.

Discover why Palantir Technologies Inc.'s stock dip is a buying opportunity. Click to learn about defense contracts, IT budget potential, and PLTR growth prospects.

Palantir Technologies' (NASDAQ: PLTR) stock has soared about 360% over the past 12 months. The bulls rushed back to the artificial intelligence (AI)-driven analytics company as its revenue growth accelerated and its profits surged.