Palantir Technologies Inc. Stock Rises Wednesday, Outperforms Market
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Shares of Palantir Technologies Inc. (PLTR) rose 2.08% to $7.37 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. This was the stock's second consecutive day of gains. Palantir Technologies Inc. closed $14.03 short of its 52-week high ($21.40), which the company reached on November 29th.
The stock outperformed some of its competitors Wednesday, as Tyler Technologies Inc. (TYL) rose 1.87% to $333.04, Cognizant Technology Solutions Corp. (CTSH) rose 1.35% to $60.03, and Verint Systems Inc. (VRNT) rose 0.08% to $38.75. Trading volume (24.1 M) remained 13.6 million below its 50-day average volume of 37.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 17:17 ET (22:17 GMT)
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