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Palantir Technologies Inc. Stock Falls Friday, Underperforms Market

DowjonesNews MarketWatch ·  Oct 22, 2021 17:17

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

Shares of Palantir Technologies Inc. (PLTR) slipped 1.41% to $24.43 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.21% to 35,677.02 and the S&P 500 Index falling 0.11% to 4,544.90. Palantir Technologies Inc. closed $20.57 short of its 52-week high ($45.00), which the company achieved on January 27th.

The stock underperformed when compared to some of its competitors Friday, as Tyler Technologies Inc. (TYL) rose 2.15% to $527.79, Cognizant Technology Solutions Corp. (CTSH) fell 0.10% to $79.00, and Verint Systems Inc. (VRNT) fell 0.13% to $46.58. Trading volume (20.1 M) remained 29.1 million below its 50-day average volume of 49.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 22, 2021.

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