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Shares of Palantir Technologies Inc. (PLTR) dropped 0.36% to $16.50 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,670.29 and Dow Jones Industrial Average falling 0.45% to 36,068.87. This was the stock's fifth consecutive day of losses. Palantir Technologies Inc. closed $28.50 short of its 52-week high ($45.00), which the company achieved on January 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Tyler Technologies Inc. (TYL) rose 0.58% to $486.41, Cognizant Technology Solutions Corp. (CTSH) fell 0.85% to $86.68, and Verint Systems Inc. (VRNT) fell 0.48% to $52.07. Trading volume (77.4 M) eclipsed its 50-day average volume of 38.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 10, 2022.
(END) Dow Jones Newswires
January 10, 2022 17:18 ET (22:18 GMT)
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