Why Planet Labs Stock Was Up 8% Today [Yahoo! Finance]
Planet Labs PBC Class A (PL)
Company Research
Source: Yahoo! Finance
On Thursday, it's also looking like one of the biggest gainers among space stocks , gaining 8.6% through 11:30 a.m. ET. That's curious, because the latest bit of news out of Planet Labs initially received the opposite reaction from investors. When the company announced yesterday that it had won a "six-figure deal" to help Global Fishing Watch "map small vessel activity across millions of square kilometers of the ocean" to keep better track of global fishing trends, investors sold off Planet Labs stock by about 1.3%. Are You Missing The Morning Scoop? Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Were investors right to sell Planet Labs stock yesterday, or are they right to be buying it back (and buying rather heavily) today? My hunch is the former. A "six-figure deal" may sound like a lot of money to you and me. I'm currently trying to sell my 2014 Mini Cooper, for example, and I'd personally jump at a "six-figure offer" to buy it. But for a
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PL
News
- Planet and Global Fishing Watch Expand Collaboration for Ocean Transparency and AccountabilityBusiness Wire
- Planet to Announce Fiscal Third Quarter 2025 Results on Monday, December 9, 2024Business Wire
- Why Planet Labs Stock Popped Again on Thursday [Yahoo! Finance]Yahoo! Finance
- Planet Expands Contract with French Digital Farming Company AbelioBusiness Wire
- Nuclear-powered aircraft carriers would give China's growing navy new reach, and researchers say it's working on the reactor to power one [Business Insider]Business Insider
PL
Earnings
- 9/5/24 - Beat
PL
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- 11/4/24 - Form SC
- PL's page on the SEC website