CEO Alex Karp is selling many of his personal shares in Palantir (NASDAQ: PLTR) stock, causing shareholders to rush to the exits. *Stock prices used were the afternoon prices of Feb. 18, 2025. The video was published on Feb.

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

Palantir Technologies (NASDAQ:PLTR) remains a highly divisive stock for certain investors. On the one hand, this is a top-tier growth stock that's certainly provided plenty in the way of gains for those willing to put their capital to work in a company with the potential to provide exponential growth.