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0.00086805555555563 0.000173611111111077 0.0018819444444445 0.00243055555555557 -0.00069444444444443 -0.00069444444444443 -0.00069444444444443 -0.00069444444444443
Stock impact report

Why Planet Labs Stock Soared 24.5% This Week [Yahoo! Finance]

Planet Labs PBC Class A (PL) 
Company Research Source: Yahoo! Finance
10 stocks we like better than Planet Labs PBC › Shares of Planet Labs (NYSE: PL) jumped 24.5% this week -- as of this writing before the market open on Friday, Jan. 16 -- according to data from S&P Global Market Intelligence . Planet Labs operates a satellite constellation that sells imaging services to governments and commercial enterprises, and it has just won another deal with Sweden. Plus, a Wall Street analyst upgraded the stock. Planet Labs' stock is up over 600% in the past year. Here's why the stock is up yet again this week. Satellite imaging services are a growing trend for both military and commercial use cases. Planet Labs has a satellite constellation custom-built to serve these needs, performing daily global high-resolution imaging from space to monitor assets such as ports, infrastructure, and military bases. Countries are lining up to sign contracts with the company. This week, Planet Labs signed a contract with Sweden worth over $100 million for imaging servi Show less Read more
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