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

Shares of Palantir Technologies Inc. PLTR, -1.22% rose 2.08% to $7.37 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, -0.03% rising 0.59% to 4,027.26 and the Dow Jones Industrial Average DJIA, +0.45% rising 0.28% to 34,194.06. This was the stock’s second consecutive day of gains. Palantir Technologies Inc. closed $14.03 short of its 52-week high ($21.40), which the company reached on November 29th.
The stock outperformed some of its competitors Wednesday, as Tyler Technologies Inc. TYL, -0.65% rose 1.87% to $333.04, Cognizant Technology Solutions Corp. CTSH, +1.48% rose 1.35% to $60.03, and Verint Systems Inc. VRNT, +0.03% rose 0.08% to $38.75. Trading volume (24.1 M) remained 13.6 million below its 50-day average volume of 37.7 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.
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