Palantir Technologies is suffering a serious selloff. The shares recently traded at $81.60, down about 1.3% on the day, but off earlier lows. They have crashed more than a third since hitting an all-time closing record of $124.

Palantir’s stock (PLTR) price has plummeted 32% since hitting a record high on February 18. This downturn has led to a significant drop in

Palantir shares hit a record high on Feb. 18 and have since plunged 32%. "Among the top retail-traded stocks, Palantir could be the most vulnerable to a loss of retail momentum. if I were to pick a single name that could be most at risk of an unwind, PLTR would be it," Vanda Research senior vice president Marco Iachini said.