The change positions Palantir for entry into the Nasdaq 100 index, after it joined the S&P 500 several months back.

There have been few better stocks to own over the past three months than Palantir ( PLTR 1.42%). The stock more than doubled in that time, far outperforming both indexes and other market leaders. This performance can be traced to several events, notably Palantir's inclusion in the S&P 500 in September and its blowout Q3 earnings.

Shares of Palantir Technologies Inc. PLTR hit an all-time high of $63.39 on Nov. 13 before closing a tad lower at $60.7. It has risen a whopping 180.3% in the past six months. This rally significantly outperforms the broader industry’s 34.

In the days leading up to the Q3 print and since reporting blockbuster Q3 FY24 results on November 4, Palantir Technologies ($PLTR) stock has been

Shares of AI darling Palantir (NASDAQ:PLTR) went parabolic following the release of some exceptional quarterly earnings results. Now up more than 260% year to date, questions linger as to whether the AI-first big data analytics has what it takes to keep delivering profoundly strong quarters to support its remarkable rally.