Shares of Palantir Technologies (NASDAQ: PLTR) are trading lower on Monday. The company's stock lost 8.4% as of 11:50 a.m. after losing as much as 11.9% earlier today. The drop comes as the S&P 500 was flat while the Nasdaq Composite lost 0.

Palantir (PLTR) has undoubtedly been a shining star of the artificial intelligence (AI) boom, delivering jaw-dropping returns of nearly 955% over the past two years. From powering military operations and supply chains to fighting fraud and enhancing healthcare,

Palantir Technologies Inc. (NYSE: PLTR) has been in the news for several reasons. The latest is the drop in share price over the past few weeks. After hitting a high of $125 in early February, the stock is down to $89,