Palantir Adds Nasdaq 100 Index

This is a news story, published by Yahoo Finance, that relates primarily to Palantir Technologies news.

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Palantir shares are likely to be in the spotlight on Monday after the Nasdaq added the analytics software provider to the Nasdaq 100 Index

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Palantir Technologies ( PLTR ) shares likely to be in the spotlight on Monday after Nasdaq announced late Friday that the analytics software provider had been added to the Nasdaq 100 Index.

The company’s shares became eligible to join the index following a strategic move from the New York Stock Exchange ( NYSE ) last month .

Since breaking out from a multi-year cup and handle pattern in August , shares have continued to trend sharply higher.

The measuring principle, a chart-based technique, projects a bullish price target of $ 140.07 .

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