This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Palantir Technologies Inc. (PLTR) shed 6.32% to $9.48 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.57% to 4,123.34 and Dow Jones Industrial Average falling 0.30% to 32,899.37. This was the stock's second consecutive day of losses. Palantir Technologies Inc. closed $19.81 short of its 52-week high ($29.29), which the company reached on September 17th.
The stock underperformed when compared to some of its competitors Friday, as Tyler Technologies Inc. (TYL) fell 4.29% to $363.91, Cognizant Technology Solutions Corp. (CTSH) rose 2.61% to $75.52, and Verint Systems Inc. (VRNT) fell 0.74% to $52.60. Trading volume (69.2 M) eclipsed its 50-day average volume of 41.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 6, 2022.
(END) Dow Jones Newswires
May 06, 2022 17:15 ET (21:15 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.