Palantir Stock Retreats, MicroStrategy Rises on News of Nasdaq 100 Addition

Group 1 - Palantir Technologies shares fell approximately 4% on Monday, while MicroStrategy shares rose by 4% following the announcement that both companies will be added to the Nasdaq 100 Index on December 23 [1][2][3] - Axon Enterprise will also join the Nasdaq 100 Index, replacing Super Micro Computer, Moderna, and Illumina [1][2] - The Nasdaq 100 Index consists of the 100 largest non-financial sector companies in the Nasdaq Composite Index and is reconstituted annually [1][3] Group 2 - Super Micro Computer's stock dropped nearly 7%, and it faces potential delisting from the Nasdaq if it fails to file its delayed annual report by February [4] - Moderna's shares increased by less than 1%, while Illumina's shares rose by 1.5% [3]