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Palantir Announces Transfer of Stock Exchange Listing to Nasdaq

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Palantir Technologies announced its decision to transfer its Class A Common Stock listing from the New York Stock Exchange to the Nasdaq Global Select Market. The company will maintain its ticker symbol 'PLTR' and expects to commence trading on Nasdaq on November 26, 2024. Palantir anticipates meeting the eligibility requirements for inclusion in the Nasdaq-100 Index.

Palantir Technologies ha annunciato la sua decisione di trasferire la quotazione delle sue azioni di Classe A dal New York Stock Exchange al Nasdaq Global Select Market. L'azienda manterrà il suo simbolo di borsa 'PLTR' e prevede di iniziare le contrattazioni su Nasdaq il 26 novembre 2024. Palantir si aspetta di soddisfare i requisiti di idoneità per essere inclusa nell'Nasdaq-100 Index.

Palantir Technologies anunció su decisión de transferir la cotización de sus acciones Clase A de la Bolsa de Nueva York al Nasdaq Global Select Market. La empresa mantendrá su símbolo de cotización 'PLTR' y espera comenzar a operar en Nasdaq el 26 de noviembre de 2024. Palantir anticipa cumplir con los requisitos de elegibilidad para ser incluida en el Nasdaq-100 Index.

팔란티어 테크놀로지스는 뉴욕 증권 거래소에서 나스닥 글로벌 셀렉트 마켓으로 클래스 A 보통 주식 상장을 이전하기로 결정했다고 발표했다. 회사는 'PLTR'라는 티커 기호를 유지하며, 2024년 11월 26일에 나스닥에서 거래를 시작할 것으로 예상하고 있다. 팔란티어는 나스닥-100 지수에 포함되기 위한 자격 요건을 충족할 것으로 예상하고 있다.

Palantir Technologies a annoncé sa décision de transférer la cotation de ses actions ordinaires de Classe A de la Bourse de New York au Nasdaq Global Select Market. L'entreprise conservera son symbole boursier 'PLTR' et s'attend à commencer à négocier sur le Nasdaq le 26 novembre 2024. Palantir prévoit de répondre aux critères d'éligibilité pour être inclus dans le Nasdaq-100 Index.

Palantir Technologies hat bekannt gegeben, dass es seine Notierung für die Class A Stammaktien von der New Yorker Börse auf den Nasdaq Global Select Market verlegen wird. Das Unternehmen wird sein Tickersymbol 'PLTR' beibehalten und erwartet, am 26. November 2024 mit dem Handel an der Nasdaq zu beginnen. Palantir geht davon aus, die Voraussetzungen für die Aufnahme in den Nasdaq-100 Index zu erfüllen.

Positive
  • Potential inclusion in the Nasdaq-100 Index, which could increase visibility and institutional investment
  • Transfer to Nasdaq Global Select Market, which represents the highest listing tier with stringent financial and liquidity requirements
Negative
  • None.

Insights

The exchange transfer from NYSE to Nasdaq represents a strategic move that could enhance PLTR's visibility and trading dynamics. Nasdaq's potential inclusion in the Nasdaq-100 Index would be particularly significant, as it could lead to increased institutional investment through index funds and ETFs tracking the Nasdaq-100. This typically results in higher trading volumes and improved liquidity.

The Nasdaq exchange is often preferred by technology companies due to its lower listing fees and advanced trading technology. More importantly, inclusion in the Nasdaq-100 would put Palantir alongside major tech giants like Apple, Microsoft and Amazon, potentially improving its market perception and attracting more tech-focused investors. The move could also result in automatic buying from funds that track the index, providing support for the stock price.

DENVER--(BUSINESS WIRE)-- Palantir Technologies Inc. (NYSE: PLTR) today announced that it will transfer the listing of its Class A Common Stock (the “common stock”) to the Nasdaq Global Select Market (“Nasdaq”) from the New York Stock Exchange. The Company expects to begin trading as a Nasdaq-listed company on November 26, 2024 and its common stock will continue to trade under the symbol “PLTR.” Upon transferring, Palantir anticipates meeting the eligibility requirements of the Nasdaq-100 Index®.

About Palantir

Foundational software of tomorrow. Delivered today. Additional information is available at https://www.palantir.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may relate to, but are not limited to, Palantir or management’s expectations regarding the timing and benefits of the transfer of its common stock listing to Nasdaq, including Palantir’s potential eligibility or inclusion in market indices, which cannot be predicted or quantified with certainty. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control. Additional information regarding these risks and uncertainties is included in the filings we make with the Securities and Exchange Commission from time to time. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.

Investor Relations

investors@palantir.com

Media

media@palantir.com

Source: Palantir Technologies Inc.

FAQ

When will Palantir (PLTR) start trading on Nasdaq?

Palantir (PLTR) is expected to begin trading on the Nasdaq Global Select Market on November 26, 2024.

Will Palantir (PLTR) change its stock symbol after moving to Nasdaq?

No, Palantir will continue to trade under the symbol 'PLTR' after transferring to Nasdaq.

Is Palantir (PLTR) eligible for the Nasdaq-100 Index?

Palantir anticipates meeting the eligibility requirements for inclusion in the Nasdaq-100 Index upon transferring to Nasdaq.

Which exchange is Palantir (PLTR) transferring from?

Palantir is transferring its listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market.

Palantir Technologies Inc.

NASDAQ:PLTR

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167.98B
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Software - Infrastructure
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United States of America
DENVER