Investors in Palantir Technologies (NASDAQ: PLTR) have been on a roller-coaster ride lately as shares in the data analytics company have retreated by a whopping 32% from an all-time high of $124.6 reached last month.

Shares of Palantir have fallen by more than 33% in less than two weeks' time. News of tech giant Microsoft cancelling some AI data center leases may have spooked AI investors. That underscores the danger with Palantir's stock because as quickly as it has rallied, it could give back its gains just as fast.

Shares of Palantir Technologies (NASDAQ: PLTR) have had a wild start to 2025. After surging in value during January, Palantir shares experienced a sharp drop that started in mid-February. As of this writing,