Why Palantir Technologies Is Trading Lower Today
The Price And Volume Action In Palantir Technologies's Stock Today
Palantir Technologies (NYSE:PLTR) is currently down 9.05% to a price of $31.34. Tuesday the stock has been traded at a volume of 22.11 million, about 36.92% of its recent 30-day volume average of 59.87 million.
Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Palantir Technologies shares are trading lower, selling off following last week's surge, which was driven by high retail investor interest and speculative trading.
Further Analysis of Recent Price Action
The 50-day moving average price of Palantir Technologies's stock was $26.79 when this article was published. The stock reached a high of $45.0 and a low of $8.9 in the past 52 weeks.
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