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Shares of Palantir Technologies Inc. (PLTR) rose 3.75% to $8.31 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.58% to 3,900.79 and Dow Jones Industrial Average falling 0.75% to 31,253.13. Palantir Technologies Inc. closed $20.98 below its 52-week high ($29.29), which the company achieved on September 17th.
The stock outperformed some of its competitors Thursday, as Tyler Technologies Inc. (TYL) rose 2.77% to $340.29, Cognizant Technology Solutions Corp. (CTSH) rose 0.51% to $70.32, and Verint Systems Inc. (VRNT) fell 0.43% to $50.38. Trading volume (35.7 M) remained 7.5 million below its 50-day average volume of 43.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2022.
(END) Dow Jones Newswires
May 19, 2022 17:15 ET (21:15 GMT)
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