Why Palantir Technologies’ stock trades lower today | Benzinga

Palantir Technologies stock price and volume trading

Palantir Technologies’s (NYSE:PLTR) the stock fell Tuesday at 9.74% down to a price of $ 29.95. The current volume of the stock for the day is 34.03 million, which is approximately 55.5% of its previous 30-day average volume of 61.31 million.

Why it moves

Benzinga Pro’s real-time breaking news service shows some insight into what is affecting equities: Palantir shares are trading lower after the company reported worse-than-expected Q4 results.

Perspective on recent price action

The stock’s 50-day moving average was $ 28.68 at the time this article was published. Over the last fifty-two weeks, the price has risen as high as $ 45.0 and dropped to a low of $ 8.9.

Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. click on here to learn more.

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