BUZZ-Palantir rises after announcing shift to Nasdaq listing

Reuters

2024/11/15

** Shares of Palantir Technologies up 2.4% premarket to $60.62 after data analytics firm said it will transfer listing to Nasdaq exchange from the NYSE

** Co late Thurs it expects to begin trading on Nasdaq beginning Nov 26 under same symbol "PLTR"

** It also expects to be eligible for Nasdaq-100 index

upon transferring

** Last week, co FY rev forecast for the third time, benefiting from boom in generative AI

** Avg rating among 19

(Lance Tupper is a Reuters market analyst. The views expressed are his own) ((lance.tupper.thomsonreuters.com@reuters.net lance.tupper@tr.com 1-646-279-6380))

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