Shares of Palantir Technologies Inc. PLTR, -1.01% shed 1.94% to $18.17 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.11% rising 0.59% to 36,799.65 and the S&P 500 Index SPX, +0.28% falling 0.06% to 4,793.54. Palantir Technologies Inc. closed $26.83 short of its 52-week high ($45.00), which the company reached on January 27th.
The stock underperformed when compared to some of its competitors Tuesday, as Tyler Technologies Inc. TYL, -0.18% fell 0.64% to $520.48, Cognizant Technology Solutions Corp. CTSH, +0.11% rose 2.07% to $91.42, and Verint Systems Inc. VRNT, +1.26% fell 0.08% to $52.60. Trading volume (39.4 M) eclipsed its 50-day average volume of 37.2 M.