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Markets · Investing · Business
Finance
Why Planet Labs Stock Popped on Friday
Planet Labs just put 20 satellites in orbit -- all at once.
Planet Labs (NYSE:PL) stock soared 7.8% through 11:40 a.m. ET Friday after confirming the successful launch, aboard a "Transporter" Falcon 9 rocket managed by Space Exploration Technologies (NASDAQ:SPCX), of 20 Planet Labs-built satellites to orbit.
Image source: Getty Images.
Running down the list, Planet says the SpaceX Transport 18 rocket carried to orbit:
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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