MARKET UPDATE – Shares of Palantir Technologies Inc. (NYSE: PLTR) are experiencing a volatile trading session on June 3rd, currently trading in negative territory. As of 12:03 PM EDT, PLTR stock was priced at 131.89 USD, reflecting a slight decrease of -0.15 USD (0.11%) for the day.
The data analytics and AI software giant saw its shares open the trading day at $133.07, slightly above its previous close of $132.04. The stock price then climbed to an intraday high of $133.75 early in the session. However, this initial strength waned, with Palantir stock subsequently declining to an intraday low of $130.10 before recovering some ground to its current level.
This choppy price action indicates active trading and potential indecision among investors regarding Palantir’s short-term direction. The company maintains a significant market capitalization of approximately $308.85 billion. Its P/E ratio stands at a high 575.96, reflecting strong growth expectations often associated with tech and AI stocks. Palantir Technologies does not currently offer a dividend yield.
The 52-week range for PLTR stock is $21.04 to $134.48. Today’s intraday high of $133.75 approached the upper end of this range, suggesting the stock has seen substantial appreciation over the past year. Investors will be closely watching Palantir for the remainder of the session to gauge market sentiment.
Frequently Asked Questions (FAQ) about Palantir Technologies Inc. (PLTR) Stock:
Q1: What is the current stock price of Palantir Technologies Inc.?
A: As of 12:03 PM EDT on June 3rd, the stock price of Palantir Technologies Inc. (PLTR) was 131.89 USD.
Q2: What is the stock ticker symbol for Palantir Technologies Inc.?
A: The stock ticker symbol for Palantir Technologies Inc. is PLTR. It trades on the New York Stock Exchange (NYSE).
Q3: How has Palantir (PLTR) stock performed today?
A: As of early afternoon, PLTR stock was down slightly by -0.15 USD (0.11%). It experienced a volatile session, opening at $133.07, reaching a high of $133.75, and a low of $130.10.
Q4: What was the previous closing price for PLTR stock?
A: The previous closing price for Palantir Technologies Inc. stock was $132.04.
Q5: What is the 52-week trading range for Palantir stock?
A: The 52-week high for PLTR stock is $134.48, and the 52-week low is $21.04.
Q6: Does Palantir Technologies Inc. (PLTR) pay a dividend?
A: According to the provided data, Palantir Technologies Inc. does not currently have a listed dividend yield.
Q7: What is the P/E ratio and market capitalization of Palantir (PLTR)?
A: The P/E ratio for PLTR stock is 575.96, and its market capitalization is approximately $308.85 billion.
Q8: What does Palantir Technologies Inc. do?
A: Palantir Technologies Inc. is a software company that specializes in big data analytics and artificial intelligence (AI). They provide platforms for enterprise and government clients to integrate, manage, and analyze large datasets.
Q9: Where can I find more information on Palantir (PLTR) stock?
A: You can find more information on PLTR stock on major financial news websites (like Yahoo Finance, Bloomberg, Reuters), brokerage platforms, and the official Palantir Technologies Inc. investor relations website by searching for its ticker symbol “PLTR”.
