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Why Planet Labs Stock Popped Again on Thursday
PLPlanet Labs PBC(PL) The Motley Fool·2024-11-14 16:57

A French contract is keeping Planet Labs stock moving in the right direction.After jumping 14% in sympathy with a powerful earnings report from Rocket Lab (RKLB -4.28%) yesterday, shares of fellow space stock Planet Labs (PL 4.00%) maintained its upward momentum in early-Thursday trading, rising another 3.2% through 11:35 a.m. ET.Strange as it may sound, if you own Planet Labs stock, you have France to thank for that.Planet Labs' new contractThis morning, Planet announced an "expansion" of its relationship ...