Stock Market Today: Palantir Rises 2% Despite Insider Selling Concerns

Palantir Technologies Inc (NASDAQ: PLTR) climbed 2.33% to close at $160.84 on Monday. The stock traded between $154.57 and $162.13 during the session, with volume reaching 82 million shares, above its three-month average of 71.21 million. The company's market capitalization now stands at $385.21 billion. Shares remain well below their 52-week high of $189.46 but are up significantly from the year's low of $29.31.Broader equity markets also finished in positive territory. The S&P 500 (SNPINDEX: ^GSPC) rose 26.62 points, or 0.41%, to 6,465.94, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) added 94.98 points, or 0.44%, to 21,544.27.Peers in the software sector ended lower. Snowflake (NYSE: SNOW) slipped 0.17% to 194.35, while Datadog (NASDAQ: DDOG) dropped 1.61% to 126.31. The divergence highlights Palantir's relative strength compared with other cloud and data analytics firms.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool