Palantir Technologies Inc. stock outperforms market on strong trading day
Shares of Palantir Technologies Inc.
advanced 1.66% to $26.26 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.57% to 4,443.05 and Dow Jones Industrial Average
falling 0.84% to 34,577.57. Palantir Technologies Inc. closed $18.74 below its 52-week high ($45.00), which the company reached on January 27th.
The stock outperformed some of its competitors Tuesday, as Tyler Technologies Inc.
rose 0.47% to $467.97, Cognizant Technology Solutions Corp.
fell 0.94% to $75.68, and Verint Systems Inc.
rose 0.27% to $43.79. Trading volume (34.5 M) remained 3.3 million below its 50-day average volume of 37.8 M.