Palantir (PLTR) Stock Rises Over 1%: April 29 Market Performance Update
Palantir Technologies Inc (NASDAQ: PLTR) shares experienced a positive trading day on April 29, closing higher in the regular session. The stock finished the day at 116.08 USD.
This closing price marked an increase of 1.43 USD, representing a 1.25 percent gain for the day. Palantir shares rose from their previous closing price of 114.65 USD. Trading for PLTR opened at 113.98 USD. During the session, the stock price fluctuated, reaching a high of 117.23 USD and hitting a low of 113.24 USD before the market close.
However, the stock saw a pullback in after-hours activity. Information available at 7:59 pm GMT-4 indicated Palantir shares were trading at 114.90 USD, a decrease of 1.18 USD or 1.02 percent from the official closing price.
Key financial data provides additional context for Palantir’s market valuation. The company has a market capitalization listed as approximately 273.9 Billion USD (noted as 27.39KCr). Its price-to-earnings (P/E) ratio is currently high at 615.52. The data indicates Palantir does not currently offer a dividend yield.
Placing the day’s performance in a broader perspective, the April 29 close is situated within Palantir’s price range over the past year. The stock’s 52-week high stands at 125.41 USD, while its 52-week low is recorded at 20.50 USD.
