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Palantir Technologies Inc. Stock Outperforms Competitors Despite Losses On The Day

DowjonesNews MarketWatch ·  Nov 23, 2021 17:22

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Palantir Technologies Inc. (PLTR) slipped 0.29% to $20.59 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.17% to 4,690.70 and the Dow Jones Industrial Average rising 0.55% to 35,813.80. This was the stock's sixth consecutive day of losses. Palantir Technologies Inc. closed $24.41 short of its 52-week high ($45.00), which the company reached on January 27th.

Despite its losses, the stock outperformed some of its competitors Tuesday, as Tyler Technologies Inc. (TYL) fell 4.12% to $517.72, Cognizant Technology Solutions Corp. (CTSH) fell 0.77% to $80.76, and Verint Systems Inc. (VRNT) fell 0.77% to $47.80.true Trading volume (44.4 M) remained 1.8 million below its 50-day average volume of 46.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2021.

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