Palantir Technologies Stock Moves to Nasdaq

Shares of Palantir Technologies (NASDAQ: PLTR) rose 2.8% in premarket trading on Friday after the company announced its transfer from the New York Stock Exchange to the Nasdaq Global Select Market.

Key Details

• Effective Date: November 26, 2024
• Ticker Symbol: PLTR (remains unchanged)

Palantir expects to meet the eligibility requirements for inclusion in the Nasdaq-100 Index, which tracks large non-financial companies. This strategic move aligns Palantir with a stock exchange renowned for technology focus and housing leading tech firms.

Palantir specializes in data analytics and artificial intelligence, drawing increased market interest this year through its expanding product portfolio and industry partnerships.

Stock Performance

• Year-to-Date Increase: Nearly 250%
• Last 12 Months: Just over 197%
• Current Trading Price: Approximately $60.90