Palantir Technologies Inc. Stock Falls Friday, Underperforms Market
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Shares of Palantir Technologies Inc. (PLTR) slipped 3.16% to $15.33 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.22% to 4,450.32 and Dow Jones Industrial Average falling 0.83% to 34,618.24.
The stock's fall snapped a two-day winning streak.
Palantir Technologies Inc. closed $4.91 short of its 52-week high ($20.24), which the company reached on August 1st.
Trading volume (56.1 M) remained 8.5 million below its 50-day average volume of 64.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 15, 2023.
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September 15, 2023 17:33 ET (21:33 GMT)
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