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-0.00258588843738448 0.000877355005541195 0.0046176579239011 0.00978943479867027 0.0170391577391948 0.0297377170299224 0.0332009604728483 0.0505171776874771
Stock impact report

Why Planet Labs Stock Popped Again Today [Yahoo! Finance]

Planet Labs PBC Class A (PL) 
Company Research Source: Yahoo! Finance
non-governmental organization (NGO) Global Fishing Watch monitor fishing vessels across the... well, the globe, actually. On Monday morning, the stock is up barely half as much -- 4.5% through 10:05 a.m. ET -- after announcing an analogous data deal that could be 10 times as big. So why aren't investors more excited? Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » This morning, Planet confirmed a "multiyear, seven-figure deal" with climate finance company Laconic, to help monitor forest growth, including "above-ground carbon, canopy height, and cover." Planet says the images its satellites take provide "AI-powered forest carbon insights" that Laconic can use to value carbon credits and securities based on these credits as they trade globally. Planet Labs announced this new "forest monitoring system" in September, suggesting this is a new revenue stream for the company, and that other customers in addition to Laconic m Show less Read more
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