Palantir Technologies Inc. stock outperforms competitors on strong trading day
Shares of Palantir Technologies Inc.
inched 0.57% higher to $26.28 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.77% to 4,458.58 and Dow Jones Industrial Average
falling 0.78% to 34,607.72. This was the stock’s second consecutive day of gains. Palantir Technologies Inc. closed $18.72 short of its 52-week high ($45.00), which the company achieved on January 27th.
The stock outperformed some of its competitors Friday, as Tyler Technologies Inc.
fell 1.22% to $471.68, Cognizant Technology Solutions Corp.
fell 0.29% to $76.26, and Verint Systems Inc.
fell 1.93% to $43.25. Trading volume (36.8 M) remained 1.1 million below its 50-day average volume of 37.9 M.