After defying gravity for the past couple of years, Palantir Technologies ( PLTR -5.17%) has finally hit turbulence, with the stock plunging as much as 14.9% on Thursday. As of 11:27 a.m. ET, the stock was still down 11.4%.

We recently compiled a list of the 12 Best Most Active Stocks to Buy Now. In this article, we are going to take a look at where Palantir Technologies Inc.

Palantir Technologies (NASDAQ: PLTR) is probably the hottest stock on Wall Street. First things first, Palantir shares have been on an incredible ride. Indeed, one year ago, I argued that "Palantir is a great company and a solid investment,