Palantir stock and the Nasdaq both have had a rough few days, amid nervous tech investors and a changing policy landscape under President Donald Trump.Shares in the data analytics and military contractor are down five consecutive days but were rising 3.

Shares of Palantir Technologies ( PLTR -10.53%) are trading lower on Monday. The company's stock lost 8.4% as of 11:50 a.m. after losing as much as 11.9% earlier today. The drop comes as the S&P 500 was flat while the Nasdaq Composite lost 0.4%.

Palantir Technologies Inc. PLTR stock has had an incredible run over the past year. Shares have skyrocketed by an impressive 283%, outpacing the industry’s 58% growth. PLTR stock’s consistent surge reflects optimism among investors eager to tap into the rapidly growing artificial intelligence (AI) market.