Planet Labs PBC(US:PL) Benzinga·2025-09-08 13:59Market Overview - U.S. stocks showed mixed trading with the Nasdaq Composite gaining approximately 150 points, while the Dow decreased by 0.20% to 45,310.19 and the S&P 500 rose by 0.20% to 6,494.70 [1] - Information technology shares increased by 1.1% on Monday [1] Sector Performance - Real estate stocks experienced a decline of 1% on Monday [2] Company Earnings - Planet Labs PBC shares surged around 14% after reporting a quarterly loss of 3 cents per share, which was better than the analyst consensus estimate of a loss of 4 cents per share. The company also reported quarterly sales of $73.386 million, exceeding the consensus estimate of $65.740 million. Additionally, Planet Labs raised its FY2026 sales guidance from $265 million-$280 million to $281 million-$289 million [3] Commodity Prices - Oil prices increased by 2.3% to $63.30, while gold rose by 0.1% to $3,655.10. Silver and copper also saw gains of 0.7% to $41.855 and 0.3% to $4.5650, respectively [5] Global Market Performance - European shares were higher, with the eurozone's STOXX 600 gaining 0.3% and Spain's IBEX 35 Index rising 0.6% [6] - Asian markets closed higher, with Japan's Nikkei 225 gaining 1.45% and Hong Kong's Hang Seng rising 0.85% [7] Notable Stock Movements - Rapport Therapeutics, Inc. saw its shares increase by 179% to $40.06 following positive Phase 2a clinical trial results. Beyond Air, Inc. shares surged 91% to $4.2201 after receiving Orphan Drug Designation from the FDA for BA-101 [8] - New Fortress Energy Inc. shares dropped 40% to $1.4601 after reporting a year-over-year decrease in second-quarter financial results [8]