Palantir Technologies Inc. Stock Falls Thursday, Underperforms Market
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Shares of Palantir Technologies Inc. (PLTR) slid 0.59% to $15.21 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.17% to 34,500.73 and the S&P 500 Index falling 0.32% to 4,451.14.
The stock's fall snapped a three-day winning streak.
Palantir Technologies Inc. closed $5.03 short of its 52-week high ($20.24), which the company achieved on August 1st.
Trading volume (51.7 M) remained 13.3 million below its 50-day average volume of 65.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 7, 2023.
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September 07, 2023 17:33 ET (21:33 GMT)
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