DJ Palantir Technologies Inc. Stock Rises Monday, Still Underperforms Market

Dow Jones2021-12-28

DJ Palantir Technologies Inc. Stock Rises Monday, Still Underperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Palantir Technologies Inc. $(PLTR.UK)$ inched 0.05% higher to $18.94 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.38% to 4,791.19 and the Dow Jones Industrial Average rising 0.98% to 36,302.38. This was the stock's second consecutive day of gains. Palantir Technologies Inc. closed $26.06 below its 52-week high ($45.00), which the company achieved on January 27th.

The stock underperformed when compared to some of its competitors Monday, as Tyler Technologies Inc. $(TYL)$ rose 1.81% to $532.60, Cognizant Technology Solutions Corp. $(CTSH)$ rose 2.09% to $88.09, and Verint Systems Inc. $(VRNT)$ rose 2.50% to $52.09. Trading volume (21.7 M) remained 15.8 million below its 50-day average volume of 37.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 27, 2021.

-MarketWatch Automation

$(END)$ Dow Jones Newswires

December 27, 2021 17:17 ET (22:17 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Joneration
    2022-01-04
    Joneration
    So many bagholders
  • Avatar7
    2022-01-04
    Avatar7
    Too much shares . Diluted the price 
  • wyyw
    2022-01-03
    wyyw
    Rebound
  • BABAMood
    2021-12-30
    BABAMood
    Let's pray for a strong rebound!
  • kohhc
    2021-12-28
    kohhc
    Please...go up..
Leave a comment
5