Palantir Technologies Inc. ($PLTR) has experienced a notable decline in its stock price, dropping approximately 30% from a high of $124.6 to $84.77 over the past nine days. Following its all-time high on February 18, the stock has faced significant selling pressure, leading to concerns among investors. As of February 28, the stock was down 5% in pre-market trading and has struggled to maintain its position above the 50-day moving average. Analysts and traders are now observing key support levels, with some speculating that the stock could potentially fall to $50. The recent price movements have prompted discussions about Palantir's future in the market, particularly as military-tech startups compete for substantial government contracts. The stock's performance has led to a shift among its most dedicated supporters, with many exiting their positions amid the downturn.