Core Points - Palantir Technologies is shifting its listing from the New York Stock Exchange to the Nasdaq Global Select Market, with trading set to begin on November 26 [1][2] - The company's Class A common shares will continue to trade under the "PLTR" symbol [2] - Palantir anticipates meeting the eligibility requirements for inclusion in the Nasdaq-100 Index following the transfer [3] Industry Context - The Nasdaq 100 includes the 100 largest and most actively traded companies on the Nasdaq, featuring major players like Apple, Microsoft, and Nvidia, which are significant in the AI sector [4] - Palantir has a strong retail investor following, which is noted to be more entrenched compared to other companies [5] - The company recently reported quarterly results that exceeded expectations, although some analysts have expressed concerns about its valuation [5]
Palantir Stock Rises as It Shifts Listing To Nasdaq