Palantir Technologies Inc. stock falls Wednesday, underperforms market

Palantir Technologies Inc. Stock
PLT,
+3.99%

fell 2.82% to $22.74 on Wednesday, in what turned out to be an overall positive trading session for the stock market, with the S&P 500 index
SPX,
+2.18%

rising 0.13% to 4,981.80 and the Dow Jones Industrial Average
DJIA,
+1.19%

increasing 0.13% to 38,612.24.

This was the third straight day of losses for the stock.

Palantir Technologies Inc. closed $2.79 below its 52-week high ($25.53), which the company reached on February 12.

Trading volume (58.9 million) remained 11.4 million below its 50-day average volume of 70.3 million.

Editor's note: This story was automatically generated by Automated informationan automation technology provider, using data from Dow Jones and FactSet. Please see our terms of use for market data.

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