Palantir Technologies stock (NASDAQ: PLTR) has had a solid run, rising by almost 4x since the beginning of the year to about $66 presently.

Shares of data-mining and analytics company Palantir (NYSE:PLTR) jumped 9.6% in the morning session after the company announced plans to transfer its stock exchange listing from the New York Stock Exchange to the Nasdaq Stock Exchange.

Palantir Technologies ( PLTR 0.47%) has been in the news for all the right reasons. On Nov. 4, the company reported stellar third-quarter earnings results. Then, on Nov. 14, the company announced plans to shift its listing from the New York Stock Exchange to the tech-heavy Nasdaq Global Select Market exchange.

Palantir Technologies (PLTR) is an artificial intelligence (AI)-powered tech stock that has captured Wall Street's imagination in 2024. With a market cap of nearly $150 billion, Palantir stock has returned 280% to shareholders year-to-date.