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Palantir Technologies Inc. stock rises Thursday, still underperforms market

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Terrence Horan

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Shares of Palantir Technologies Inc. PLTR, -1.41% inched 0.91% higher to $24.35 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, -0.11% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, +0.21% rising 1.56% to 34,912.56. This was the stock's fourth consecutive day of gains. Palantir Technologies Inc. closed $20.65 short of its 52-week high ($45.00), which the company reached on January 27th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Tyler Technologies Inc. TYL, +2.15% rose 2.55% to $499.41, Cognizant Technology Solutions Corp. CTSH, -0.10% rose 2.41% to $77.45, and Verint Systems Inc. VRNT, -0.13% remained unchanged. Trading volume (25.9 M) remained 26.8 million below its 50-day average volume of 52.7 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.