Google-backed geospatial intelligence company, Planet Labs, has closed its merger with dMY Technology Group, Inc. IV, a special purpose acquisition company (SPAC). Following its market debut on Wednesday, Planet Labs' stock price fluctuated throughout the day.
Here's how you can buy into PL from Canada.
How to buy shares in Planet Labs
Open a brokerage account.Choose from our top broker picks or compare brokers in depth. Then, complete an application.
Fund your account.Add money to your account via bank transfer, debit card or credit card.
Search the platform by ticker symbol.PL in this case.
Choose an order type.Place a market order or limit order with your preferred number of shares or dollar amount.
Submit the order.It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.
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Is it a good time to buy Planet Labs stock?
Review technicals and fundamentals to help you determine if now's a good time for you to invest.
Technical analysis
View Planet Labs's price performance, share price volatility, historical data and technicals.
Use our graph to track the performance of PL stock over time.
Historical closes compared with the last close of $2.28
1 week (2024-11-06)
-0.87%
1 month (2024-10-13)
8.57%
3 months (2024-08-13)
-7.69%
6 months (2024-05-13)
28.81%
1 year (2023-11-13)
9.09%
2 years (2022-11-13)
-52.89%
3 years (2021-11-13)
-77.18%
5 years (2019-11-13)
The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.
Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.
Frequently asked questions
Planet Labs's fiscal year ends in January.
Planet Labs's address is: 645 Harrison Street, San Francisco, CA, United States, 94107
It's as easy to sell Planet Labs as it is to buy! Here's how to sell Planet Labs stocks that you already own.
Open your investment app. If you've got one with desktop access, you can log in online
Go to your portfolio. This should be in the main menu
Find your shares. You may be able to search your portfolio
Choose how many you'd like to sell. You'll be able to review the price and see how much you'll receive
Sell your Planet Labs shares. Your investment platform will let you know when your shares are sold
Most dealing providers will let you use your debit card to top up your account and buy shares. The main ways are with a debit card, bank transfer or with Apple/Google Pay.
The easiest way to get hold of some Planet Labs shares is to sign up for a stock trading app and place a market order or basic order. This type of order tells the platform that you're interested, so it'll try to execute it as quickly as it can. It could take some time for the order to go through, especially if there's a lot of volatility in Planet Labs shares.
Planet Labs financials
Revenue TTM
$235.8 million
Gross profit TTM
$94 million
Return on assets TTM
-12.51%
Return on equity TTM
-26.87%
Profit margin
-57.71%
Book value
$1.61
Market capitalisation
$742.5 million
TTM: trailing 12 months
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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