Palantir Technologies to List on Nasdaq, Shares Hit Record High

The data analytics firm anticipates joining the Nasdaq 100 index, boosting investor interest.

Palantir Technologies announced it will transfer its stock listing from the New York Stock Exchange to the Nasdaq Global Select Market, effective November 26.
The company's shares surged over 6% following the announcement, reaching an all-time high of $63.50.
Palantir expects to meet the eligibility requirements for inclusion in the Nasdaq 100 index, which could drive further investment.
The company's stock has soared approximately 267% year-to-date, fueled by strong performance in the AI sector.
Recent quarterly results exceeded expectations, with a 30% revenue increase and significant growth in U.S. customer base.