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.

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 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.

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.