DJ Palantir Technologies Inc. Stock Rises Monday, Still Underperforms Market
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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.
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December 27, 2021 17:17 ET (22:17 GMT)
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