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Shares of Palantir Technologies Inc. (PLTR) slipped 2.28% to $7.29 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.25% to 4,001.05 and the Dow Jones Industrial Average falling 0.26% to 32,160.74. This was the stock's fourth consecutive day of losses. Palantir Technologies Inc. closed $22.00 short of its 52-week high ($29.29), which the company reached on September 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Tyler Technologies Inc. (TYL) rose 0.13% to $354.66, Cognizant Technology Solutions Corp. (CTSH) fell 2.40% to $74.44, and Verint Systems Inc. (VRNT) fell 0.74% to $49.85. Trading volume (86.7 M) eclipsed its 50-day average volume of 42.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 10, 2022.
(END) Dow Jones Newswires
May 10, 2022 17:15 ET (21:15 GMT)
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