Palantir Plummeted Today — Is It Time to Buy the Artificial Intelligence (AI) Leader’s Stock

Palantir (NASDAQ: PLTR) stock saw big sell-offs in Wednesday’s trading. The software specialist’s share price ended the daily session down 10.1% and had been off as much as 12.9% earlier in trading.

Palantir stock saw a pullback early in today’s trading following a disclosure yesterday that CEO Alex Karp plans to sell $1.2 billion in company stock. Sell-offs intensified late in the day’s trading following a report from The Washington Post that suggested big defense spending cuts…