On June 3, Planet Labs fell 5.7% in regular trading, trading at $45.63 USD/share, with trading volume of approximately $143 million.
Within the Research & Consulting Services sector where Planet Labs belongs, the sector showed broad weakness. Among individual stocks, Innodata down 7.1%, BlackSky Technology down 6.81%, Verisk Analytics down 1.61%, CACI International down 0.9%, Relx PLC down 0.37%.
Planet Labs is a leading provider of daily satellite imagery and geospatial solutions worldwide, operating the largest commercial Earth observation satellite constellation with over 200 PlanetScope satellites and 9 Pelican high-resolution satellites. The company serves agriculture, government, energy, finance, forestry, and other markets through its subscription-based platform.
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