Palantir Technologies Inc (NYSE:PLTR) is making waves with its decision to transfer its stock listing from the NYSE to the Nasdaq Global Select Market starting Nov. 26.

The stock will retain its ticker symbol "PLTR," but investors are left wondering: Could this move to Nasdaq be the first step toward a future in the Nasdaq-100 Index?

A Shift Toward Nasdaq

This move comes as Nasdaq continues to attract an increasing number of high-profile companies. In fact, 16 companies have switched to Nasdaq just this year, with big names like government contractor Science Applications International Corp (NASDAQ:SAIC) and food giant...