Palantir Shares Surge with Nasdaq Move

Palantir Technologies' stock rose as the company announced it will transfer its listing from the New York Stock Exchange to the Nasdaq Global Select Market, effective November 26. This move could make Palantir eligible for inclusion in the Nasdaq 100, which features major companies like Apple, Microsoft, and Nvidia. Despite some analysts considering its shares overvalued, Palantir's stock has surged significantly, reflecting strong retail investor interest.