Palantir stock drops toward record 6-day losing streak on heavy volume
Dow Jones2021-02-18
MW Palantir stock drops toward record 6-day losing streak on heavy volume
Shares of Palantir Technologies Inc. (PLTR) sank 4.4% on heavy volume toward a sixth straight loss in morning trading Thursday, putting them on track to suffer their longest losing streak since going public. Trading volume spiked to 125.9 million shares, already more than double the full-day average of 66.2 million shares over the past 30 days, and enough to make the big-data software company's stock has hiked up 31.9% and the S&P 500 has gained 9.2%.
-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com
$(END)$ Dow Jones Newswires
February 18, 2021 10:15 ET (15:15 GMT)
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