Palantir Technologies Inc. stock rises Thursday, outperforms market – MarketWatch

Shares of Palantir Technologies Inc. PLTR, +3.11% advanced 1.64% to $8.04 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, +2.37% falling 0.80% to 3,665.78 and Dow Jones Industrial Average DJIA, +2.47% falling 0.30% to 30,333.59. Palantir Technologies Inc. closed $19.07 below its 52-week high ($27.11), which the company reached on November 8th.
The stock outperformed some of its competitors Thursday, as Tyler Technologies Inc. TYL, +0.42% fell 0.54% to $334.56, Cognizant Technology Solutions Corp. CTSH, +0.84% fell 0.05% to $59.78, and Verint Systems Inc. VRNT, +0.06% rose 1.03% to $33.45. Trading volume (26.6 M) remained 7.8 million below its 50-day average volume of 34.4 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
The company reported earnings of $1.32 per share, topping analyst expectations of $1.29 per share.

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