Palantir's Momentum Persists Despite Market Worries
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Palantir Technologies Inc. (NASDAQ: PLTR) will be included in the NASDAQ 100 starting December 23, 2024. Despite this positive news, PLTR's stock has remained flat due to a broader market pullback following the Federal Reserve's interest rate decision on December 18.

December 20, 2024 | 12:30 pm
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Palantir Technologies Inc. will be part of the NASDAQ 100 starting December 23, 2024. Despite this inclusion, the stock has remained flat due to a broader market pullback after the Federal Reserve's interest rate decision.
The inclusion in the NASDAQ 100 is a positive development for Palantir, typically leading to increased visibility and potential inflows from index funds. However, the stock's flat performance is attributed to a broader market pullback following the Federal Reserve's interest rate decision, which overshadowed the positive news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100