DJ Palantir Technologies Inc. Stock Rises Wednesday, Outperforms Market

Dow Jones2021-12-09

DJ Palantir Technologies Inc. Stock Rises Wednesday, Outperforms Market

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

Shares of Palantir Technologies Inc. $(PLTR.UK)$ rallied 1.85% to $19.82 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.31% to 4,701.21 and the Dow Jones Industrial Average rising 0.10% to 35,754.75. This was the stock's second consecutive day of gains. Palantir Technologies Inc. closed $25.18 short of its 52-week high ($45.00), which the company achieved on January 27th.

The stock outperformed some of its competitors Wednesday, as Tyler Technologies Inc. $(TYL)$ rose 1.13% to $529.97, Cognizant Technology Solutions Corp. $(CTSH)$ fell 0.28% to $81.22, and Verint Systems Inc. $(VRNT)$ rose 1.07% to $49.13. Trading volume (28.0 M) remained 11.7 million below its 50-day average volume of 39.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 8, 2021.

-MarketWatch Automation

$(END)$ Dow Jones Newswires

December 08, 2021 17:17 ET (22:17 GMT)

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

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