share_log

Palantir Technologies Inc. Stock Outperforms Market On Strong Trading Day

DowjonesNews MarketWatch ·  Oct 19, 2021 17:17

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Palantir Technologies Inc. (PLTR) rose 1.77% to $24.69 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.74% to 4,519.63 and the Dow Jones Industrial Average rising 0.56% to 35,457.31. This was the stock's second consecutive day of gains. Palantir Technologies Inc. closed $20.31 short of its 52-week high ($45.00), which the company achieved on January 27th.

The stock outperformed some of its competitors Tuesday, as Tyler Technologies Inc. (TYL) rose 0.14% to $506.07, Cognizant Technology Solutions Corp. (CTSH) rose 1.14% to $79.79, and Verint Systems Inc. (VRNT) rose 0.58% to $46.55. Trading volume (29.3 M) remained 23.4 million below its 50-day average volume of 52.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 19, 2021.

-MarketWatch Automation

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment