Palantir stock (PLTR) is bouncing back. After tumbling 33% in the past month, shares climbed 5.3% to $83.42 on Wednesday. Stock

It climbed by over 60% from early January to exceed $120 per share by mid-February, then lost about 38% of that high, now trading at roughly $80 per share.

Every so often, a stock captures the imagination of investors like few others can. The company's technology promises to be so innovative, so disruptive, that investors are willing to pay incredible multiples,