Palantir Technologies Inc. (NASDAQ:PLTR) will join the S&P 100 index, S&P Dow Jones Indices announced Friday, as the data analytics firm continues its remarkable post-election rally.
What Happened: “Palantir is proud to be admitted into the S&P 100. Onwards,” the company stated Sunday on X.
The Denver-based company will replace Dow Inc. (NYSE:DOW) in the index effective Mar. 24, coinciding with the quarterly rebalance. Intuitive Surgical Inc. (NASDAQ:ISRG) and ServiceNow Inc. (NYSE:NOW) will also join the S&P 100, replacing The Kraft Heinz Company (NASDAQ:KHC) and Ford Motor Co. (NYSE:F).
Palantir has emerged as the top-performing S&P 500 stock since President Donald Trump‘s November election victory, surging nearly 60% to $84.82. This represents an annualized …
