In short, history says Palantir shareholders could see upside between 11% and 17% during the year after the company is added to the Nasdaq-100. Of course, that's hypothetical at this point because Palantir hasn' yet been selected to join the index.

Now the software company is anticipating entry into a new index, and investors are celebrating the move.  Palantir said Thursday that it plans to switch its listing to the Nasdaq from the New York Stock Exchange,

What’s Next for This AI Powerhouse? Palantir stock has been on a wild ride this week, soaring on the news of a potential NASDAQ 100 listing and then dropping back down. MarketBeat analyst Chris Markoch breaks down the reasons behind the moves,