Palantir Technologies Inc. stock outperforms market on strong trading day
Shares of Palantir Technologies Inc.
advanced 3.12% to $27.08 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.85% to 4,480.70 and the Dow Jones Industrial Average
rising 0.68% to 34,814.39. This was the stock’s second consecutive day of gains. Palantir Technologies Inc. closed $17.92 below its 52-week high ($45.00), which the company achieved on January 27th.
The stock outperformed some of its competitors Wednesday, as Tyler Technologies Inc.
fell 0.33% to $466.41, Cognizant Technology Solutions Corp.
rose 1.06% to $76.48, and Verint Systems Inc.
rose 2.12% to $44.72. Trading volume (49.2 M) eclipsed its 50-day average volume of 37.9 M.