Alex Coffey, Jenny Horne, and Diane King Hall discuss Palantir (PLTR) transferring its listing to the Nasdaq from the NYSE. Palantir says when it moves it will meet the criteria to be included in the Nasdaq-100 index.
The artificial intelligence (AI) and data mining specialist will be joining (another) major stock market exchange.
As most equities experience a significant sell-off during the November 15 session, Palantir's (NYSE: PLTR) share price is standing out, outperforming the general market.
Palantir Technologies Inc PLTR is making waves with its decision to transfer its stock listing from the NYSE to the Nasdaq Global Select Market starting Nov. 26.
Palantir Technologies Inc (NYSE:PLTR) stock is up 6.4% at $62.94 at last glance, and earlier hit a fresh record high of $64.90, after news that the software name is shifting from the New York Stock Exchange (NYSE) to the Nasdaq-100 Index (NDX).
Palantir Technologies Inc (NYSE:PLTR) shares moved higher after it announced it is transferring its listing to the Nasdaq from the New York Stock Exchange. The software company said that it expects its shares will begin trading on the Nasdaq on November 26 under the ticker symbol ‘PLTR.
Shares in Palantir Technologies Inc were up more than 6% on Friday, hitting a record high, after it announced late on Thursday that it would list on the Nasdaq and expects eligibility to join the Nasdaq 100 index.
Palantir said it will transfer its stock to the Nasdaq Global Select Market, switching from the New York Stock Exchange on Nov. 26.
Palantir Stock Investors Need to Know This
Palantir Technologies (PLTR) shares are rising in premarket trading Friday after the analytics software provider said it is shifting its listing to the Nasdaq from the New York Stock Exchange.
Palantir's (NYSE: PLTR) 2024 run is showing no signs of cooling. The stock's inclusion in the S&P 500 index is seemingly beginning to pay off, with more institutions showing interest in the American software company.
Both comapnies have leading software products.