Artificial Intelligence Juggernaut Palantir Is Down 32%. Is It Time to Buy the Dip in the Stock?

Is the party finally over for the shares of Palantir Technologies (PLTR 3.20%)? It took just over two years for the stock to rise from the $6 per share range to the all-time closing high of$124.62 per share. Still, within less than a month, it has surrendered 32% of its value.Admittedly, most of the run-up occurred over the previous four months, which may add to the uncertainty about its price. Hence, the question for investors is whether the 32% decline is a natural pullback after a rapid increase, or is ...