Palantir Technologies Inc. stock falls Friday, underperforms market

Shares of Palantir Technologies Inc. PLTR,
slid 1.09% to $ 12.70 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
+ 0.40%
rising 0.40% to 34,721.12 and the S&P 500 Index SPX,
falling 0.27% to 4,488.28. This was the stock’s fourth consecutive day of losses. Palantir Technologies Inc. closed $ 16.59 short of its 52-week high ($ 29.29), which the company reached on September 17th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Tyler Technologies Inc. TYL,
fell 2.77% to $ 425.76, Cognizant Technology Solutions Corp. CTSH,
+ 1.31%
rose 1.31% to $ 88.96, and Verint Systems Inc. VRNT,
fell 0.37% to $ 50.49. Trading volume (24.9 M) remained 28.1 million below its 50-day average volume of 53.1 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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