Shares of Palantir Technologies Inc.
rose 5.09% to $22.93 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 0.09% to 4,432.35 and Dow Jones Industrial Average
falling 0.30% to 35,101.85. Palantir Technologies Inc. closed $22.07 below its 52-week high ($45.00), which the company achieved on January 27th.
The stock outperformed some of its competitors Monday, as Tyler Technologies Inc.
fell 1.17% to $488.22, Cognizant Technology Solutions Corp.
fell 0.64% to $72.53, and Verint Systems Inc.
fell 0.70% to $42.58. Trading volume (35.4 M) remained 3.9 million below its 50-day average volume of 39.3 M.
View more information: https://www.marketwatch.com/story/palantir-technologies-inc-stock-outperforms-market-on-strong-trading-day-01628543806-bb3ed58274dd