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Shares of Palantir Technologies Inc. (PLTR) rallied 2.96% to $8.34 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.87% to 3,991.73 and the Dow Jones Industrial Average rising 0.17% to 33,592.92. Palantir Technologies Inc. closed $14.95 short of its 52-week high ($23.29), which the company reached on November 16th.
The stock underperformed when compared to some of its competitors Tuesday, as Tyler Technologies Inc. (TYL) rose 5.26% to $337.20, Cognizant Technology Solutions Corp. (CTSH) rose 3.24% to $59.96, and Verint Systems Inc. (VRNT) rose 6.18% to $40.01. Trading volume (34.4 M) remained 3.1 million below its 50-day average volume of 37.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2022.
(END) Dow Jones Newswires
November 15, 2022 17:17 ET (22:17 GMT)
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