Palantir Technologies (NYSE:PLTR) stock is in the news Thursday after a new study ranked it as the top artificial intelligence (AI) vendor for 2023.
That study comes from Dresner Advisory Services and is titled “2023 AI, Data Science, and Machine Learning Wisdom of Crowds® Market Study.” The study saw Palantir receive its highest scores in “analytical features & functions, model operations, and usability.”
Akshay Krishnaswamy, Chief Architect at Palantir, said the following about the study ranking news.
“Palantir’s Artificial Intelligence Platform (AIP) enables organizations to bring the power of Generative AI into their most critical operations. We appreciate this recognition by the Dresner team, and believe it reflects the real-world results being seen by the hundreds of enterprises using AIP in production today.”
PLTR Stock Movement on Thursday
Despite the positive study data, shares of PLTR stock aren’t seeing much in the way of activity today. As of this writing, only about 11 million shares of the stock have changed hands. That’s still well below the company’s daily average trading volume of about 62 million shares.
Likewise, PLTR stock is down .7% as of Thursday morning. However, the stock is up 141.9% since the start of the year.
Investors seeking out even more of the most recent stock market stories for today are in the right place!
We have all of the hottest stock market news that traders need to know about on Thursday! A few examples of that include ChargePoint (NYSE:CHPT) introducing new fleet management software, why Theratechnologies (NASDAQ:THTX) stock is down today and a new safety rating for XPeng (NASDAQ:XPEV). You can read up on all of these matters by checking out the links below!
More Stock Market News for Thursday
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
