After closing at a high of $37/share on 1/27/21, PLTR stock ran out of steam and was unable to continue its rally. After 1/27, over the next 4 trading days the stock corrected 20% to the close on 2/2 and then attempted another rally. The rally lasted 5 days and the stock rose another 23% to the close on 2/9 before descending again. This time the descent was longer and more significant, as the stock corrected 34% over the next 6 trading days to the close on 2/18.