IBM Stock – Palantir Stock Over 4% Down So Far On Wednesday

Shares of Palantir dropped 4.73% to $36.37 at 11:42 EST on Wednesday, after five sequential sessions in a row of gains. NYSE Composite is jumping 0.22% to $15,278.31, after five consecutive sessions in a row of gains. This seems, up until now, a somewhat positive trend exchanging session today.

Palantir’s last close was $38.17, 23.73% under its 52-week high of $45.00.

Palantir’s Revenue

Year-on-year quarterly revenue growth grew by 51.9%, now sitting on 999.94M for the twelve trailing months.

Volatility

Palantir’s last day, last week, and last month’s average volatility was 5.88%, 4.26%, and 5.35%, respectively.

Palantir’s last day, last week, and last month’s high and low average amplitude percentage was 5.90%, 7.58%, and 12.29%, respectively.

Palantir’s Stock Yearly Top and Bottom Value

Palantir’s stock is valued at $36.37 at 11:42 EST, way under its 52-week high of $45.00 and way higher than its 52-week low of $8.90.

Palantir’s Moving Average

Palantir’s worth is way higher than its 50-day moving average of $28.04 and way above its 200-day moving average of $20.49.

Previous days news about Palantir

Palantir teams up with ibm, opening path to expanded sales staff. According to Bloomberg Quint on Monday, 8 February, “Started with funding from PayPal co-founder Peter Thiel in 2003, Palantir found early success with users at the U.S. Central Intelligence Agency and went on to sign the Defense Department and Internal Revenue Service, which, respectively, have used the software to locate roadside bombs and hunt tax cheats.”, “Early customers like American Express Co. and Coca-Cola Co. which experimented with low-cost Palantir software trials and later ditched them, aren’t necessarily top of Palantir’s list now, Sankar said.”

Ibm, palantir technologies announce new partnership – quick facts. According to Fintech Zoom on Monday, 8 February, “IBM (IBM) and Palantir Technologies (PLTR) announced Monday a new partnership consisting of IBM’s hybrid cloud data platform designed to deliver AI for business, with Palantir’s next generation operations platform for building applications.”, “The new product, Palantir for IBM Cloud Pak for Data, is planned for general availability in March of 2021.”

Palantir stock shoots up after IBM partnership on AI offering for businesses. According to MarketWatch on Monday, 8 February, “Shares of Palantir Technologies Inc. shot up 10.9% in premarket trading Monday, after the big-data software company announced a partnership with International Business Machines Corp. on open artificial intelligence applications for business. “, “The companies will use IBM’s hybrid cloud data platform and Palantir’s operations platform for building applications to launch the Palantir for IBM Cloud Pak for Data, which will be available in March 2021. “