Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.

Here’s Why Planet Labs Shares Are Moving

Planet Labs PBC (NYSE: PL) shares are trading higher by 10.33% to $6.78 Wednesday morning on continued strength after the company recently reported better-than-expected second-quarter results and raised guidance. What Happened?
byHenry Khederian
September 14, 2022
1 minute read
Total
0
Shares
0
0
0
0
0
0

Planet Labs PBC (NYSE:PL) shares are trading higher by 10.33% to $6.78 Wednesday morning on continued strength after the company recently reported better-than-expected second-quarter results and raised guidance.

What Happened?

Planet Labs said second-quarter revenue increased 59% year-over-year to $48.45 million, which beat average analyst estimates of $42.36 million.

The company reported a quarterly net loss of 15 cents per share, which beat average analyst estimates for a loss of 16 cents per share…Read More

See Also: What’s Going On With Tesla Stock Today

According to data from Benzinga Pro, Planet Labs has a 52-week high of $12.15 and a 52-week low of $3.70.

 
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
Share 0
Related Posts
Read More

BP, Phillips 66 And Other Energy Stocks From Wall Street’s Most Accurate Analysts

By Lisa Levin
October 6, 7:21 AM
Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst's opinion to trust.

BP