Palantir Technologies Inc. Stock Rises Monday, Outperforms Market
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Shares of Palantir Technologies Inc. (PLTR) rallied 4.36% to $15.79 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.67% to 4,487.46 and the Dow Jones Industrial Average rising 0.25% to 34,663.72.
The stock's rise snapped a two-day losing streak.
Palantir Technologies Inc. closed $4.45 below its 52-week high ($20.24), which the company reached on August 1st.
Trading volume (55.1 M) remained 9.2 million below its 50-day average volume of 64.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 11, 2023.
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September 11, 2023 17:33 ET (21:33 GMT)
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