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Palantir Technologies Inc. Stock Rises Wednesday, Outperforms Market

DowjonesNews MarketWatch · Nov 24, 2021 17:22

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

Shares of Palantir Technologies Inc. (PLTR) rose 2.53% to $21.11 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.23% to 4,701.46 and the Dow Jones Industrial Average falling 0.03% to 35,804.38. The stock's rise snapped a six-day losing streak. Palantir Technologies Inc. closed $23.89 below its 52-week high ($45.00), which the company achieved on January 27th.

The stock outperformed some of its competitors Wednesday, as Tyler Technologies Inc. (TYL) fell 0.62% to $514.53, Cognizant Technology Solutions Corp. (CTSH) fell 0.02% to $80.74, and Verint Systems Inc. (VRNT) rose 0.63% to $48.10. Trading volume (35.1 M) remained 12.0 million below its 50-day average volume of 47.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 24, 2021.

-MarketWatch Automation

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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