Planet Labs Stock Trades Up Amid Multi-Year Deal with Swedish Armed Forces
ByAinvest
Monday, Jan 12, 2026 5:55 pm ET1min read
PL--
Planet Labs (PL) shares jumped 12.1% after announcing a multi-year agreement with the Swedish Armed Forces, marking its third major contract in a year, bringing total value to over half a billion dollars. Despite the new deal, the company's financial guidance remains unchanged. The shares closed at $25.44, up 12% from the previous close.
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