There's plenty of evidence that Palantir's (NYSE: PLTR) stock is in a bubble. History is not on Palantir's side, and many companies have traded around the lofty expectation its stock currently trades at,

Palantir Technologies stock (NYSE: PLTR) has had a solid run, rising more than 3.5x since the beginning of the year to about $63 presently.

Palantir (NYSE: PLTR) has been one of the hottest artificial intelligence (AI) stocks to own this year. It's up around 280% as of the time of this writing and has far exceeded many investors' expectations.

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.

Palantir Technologies shares jumped Friday after the analytics software provider said it is shifting its listing to the Nasdaq from the New York Stock Exchange.

Palantir (NYSE:PLTR) made waves with its Q3 earnings earlier this month, surpassing expectations on both revenue and profit once again. Shares

A few days ago, Palantir announced that it is moving its listing from the NYSE to the Nasdaq. Shares of Palantir are expected to begin trading on the Nasdaq on Nov. 26.