Shares of Palantir Technologies Inc.
PLTR,
shed 0.42% to $21.41 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
falling 0.14% to 4,697.96 and Dow Jones Industrial Average
DJIA,
falling 0.75% to 35,601.98. This was the stock’s fourth consecutive day of losses. Palantir Technologies Inc. closed $23.59 below 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 1.27% to $547.88, Cognizant Technology Solutions Corp.
CTSH,
rose 1.17% to $81.99, and Verint Systems Inc.
VRNT,
rose 0.33% to $48.52. Trading volume (29.7 M) remained 16.2 million below its 50-day average volume of 45.9 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.
Read More: Palantir Technologies Inc. stock falls Friday, underperforms market