Palantir Technologies, Inc. (NYSE:PLTR) shares are trading higher Wednesday. The stock appears to be moving on continued upward momentum from the last three sessions.
What To Know:
Shares of PLTR are moving up on above-average trading volume. According to Benzinga Pro, more than 36.7 million shares have been traded in the session, compared to the stock's 100-day average of 78.251 million shares.
According to data from Benzinga, Palantir CEO, Alexander Karp, sold $10.99 million worth of Palantir stock options on Aug. 22 and Aug. 23.
Short interest in PLTR shares continues to grow with 7.23% of available shares being sold short, according to Benzinga Pro.
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PLTR Price Action: According to Benzinga Pro, Palantir shares are up over 5% at $16.18 at the time of publication.
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