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What's Going On With Planet Labs Stock Friday? - Planet Labs (NYSE:PL)

Planet Labs’ FY2026 revenue rose 26% to $307.7 million with an $900 million backlog, driven by defense contracts and new AI partnerships.

Summary by Benzinga
Planet Labs PBC (NYSE:PL) shares traded lower Friday morning. This follows an announcement from the satellite data provider regarding its outstanding public warrants. Mandatory Redemption Details The company will redeem all outstanding public warrants issued under its March 4, 2021, agreement. The redemption applies to warrants sold during the company’s Initial Public Offering (IPO). The redemption price is set at $0.01 per warrant. This takes e…

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247wallst.com broke the news in New York, United States on Friday, March 27, 2026.
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