Shares of several companies in the broader tech sector, including Palantir Technologies Inc (NYSE:PLTR), are trading higher as tech stocks rebound following Monday weakness.
Stocks dipped Monday amid continued COVID-19 omicron variant concerns. Investors also continue to weigh inflation fears and Fed tapering outlook, which have pressured tech and growth stocks.
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Palantir provides organizations with solutions to manage large disparate data sets in an attempt to gain insight and drive operational outcomes.
Palantir has a 52-week high of $45.00 and a 52-week low of $17.06.
