IBM Stock – Palantir Stock Over 7% Down As Session Comes To An End On Thursday
Shares of Palantir fell 7.58% to $32.99 at 15:47 EST on Thursday, following last session’s downward trend. NYSE Composite is rising 0.09% to $15,287.97, after five successive sessions in a row of gains. This seems, at the moment, a somewhat positive trend trading session today.
Palantir’s last close was $35.70, 36.40% below 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 6.92%, 5.16%, and 5.54%, respectively.
Palantir’s last day, last week, and last month’s high and low average amplitude percentage was 9.26%, 8.43%, and 12.28%, respectively.
Palantir’s Stock Yearly Top and Bottom Value
Palantir’s stock is valued at $32.99 at 15:47 EST, way under its 52-week high of $45.00 and way above its 52-week low of $8.90.
Palantir’s Moving Average
Palantir’s value 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.”, “The relationship is the payday for the project Palantir started more than a year ago to break its data integration and analysis software into smaller, less pricey modules. “
Ibm, palantir technologies announce new partnership – quick facts. According to Fintech Zoom on Monday, 8 February, “The new solution leverages Palantir Foundry and integrates with IBM Cloud Pak for Data, IBM Watson and Red Hat OpenShift. “, “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. “
IBM Stock – Palantir Stock Over 7% Down As Session Comes To An End On Thursday
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