Palantir Technologies (NASDAQ:PLTR) remains a highly divisive stock for certain investors. On the one hand, this is a top-tier growth stock that's certainly provided plenty in the way of gains for those willing to put their capital to work in a company with the potential to provide exponential growth.

Could Palantir Technologies stock (NASDAQ: PLTR) drop to $60 in the near future from its current price above $120? Does this seem unlikely?

Shares of Palantir Technologies Inc. (NASDAQ: PLTR) are down 17% in two trading sessions. For much of the last 18 months, Palantir has been like a boxer who continues to have opponents throw punches,