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Stock impact report

Why Planet Labs Stock Popped Again on Thursday [Yahoo! Finance]

Planet Labs PBC Class A (PL) 
Company Research Source: Yahoo! Finance
Labs (NYSE: PL) maintained its upward momentum in early-Thursday trading, rising another 3.2% through 11:35 a.m. ET. Strange as it may sound, if you own Planet Labs stock, you have France to thank for that. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » This morning, Planet announced an "expansion" of its relationship with French "digital farming company" Abelio. As Planet explained, it has been providing agricultural data and products to Abelio since 2018, but this new agreement will triple the amount of Planet data available to its customer, covering "agricultural data across France." Abelio uses data and images from Planet's constellation of satellites as inputs for its AI models and algorithms, yielding "time-sensitive insights for precision farming." (That's right, investors. Planet Labs is an artificial intelligence stock now). With this data in hand, Abelio can better advise its customers as to which fields Show less Read more
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