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Shares of Palantir Technologies Inc. (PLTR) rose 9.46% to $7.64 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 5.54% to 3,956.37 and the Dow Jones Industrial Average rising 3.70% to 33,715.37. Palantir Technologies Inc. closed $15.88 short of its 52-week high ($23.52), which the company achieved on November 15th.
The stock outperformed some of its competitors Thursday, as Tyler Technologies Inc. (TYL) rose 6.06% to $309.71, Cognizant Technology Solutions Corp. (CTSH) rose 6.05% to $57.29, and Verint Systems Inc. (VRNT) rose 8.66% to $36.53. Trading volume (58.4 M) eclipsed its 50-day average volume of 36.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 10, 2022.
(END) Dow Jones Newswires
November 10, 2022 17:17 ET (22:17 GMT)
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