Palantir Technologies Inc. Stock Falls Friday, Underperforms Market
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Shares of Palantir Technologies Inc. (PLTR) shed 0.53% to $15.13 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.14% to 4,457.49 and the Dow Jones Industrial Average rising 0.22% to 34,576.59.
This was the stock's second consecutive day of losses.
Palantir Technologies Inc. closed $5.11 short of its 52-week high ($20.24), which the company reached on August 1st.
Trading volume (33.8 M) remained 31.1 million below its 50-day average volume of 65.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 8, 2023.
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September 08, 2023 17:32 ET (21:32 GMT)
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