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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Palantir Technologies Inc | NYSE:PLTR | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.97 | 4.30% | 23.52 | 23.64 | 22.91 | 23.48 | 55,976,411 | 01:00:00 |
By Dave Sebastian
Palantir Technologies Inc. shares rose about 10% in premarket trading after the company struck a partnership with International Business Machines Corp. to build a product that helps businesses analyze vast amounts of data, involving IBM's hybrid cloud-data platform and Palantir's operations platform.
The companies on Monday said they plan for the new product, Palantir for IBM Cloud Pak for Data, to be available in March.
Palantir is adopting IBM's Red Hat OpenShift, the hybrid-cloud platform, as part of the partnership, effective Monday, it said.
IBM shares rose 0.95% in premarket trading.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
February 08, 2021 09:05 ET (14:05 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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