Planet Labs shares drop 9% to 8-month lows ahead of Q2 results
Planet Labs shares fell more than 9% to the lowest level in over eight months as investors awaited its fiscal second-quarter results later Thursday. The company guided revenue for Q2 of $102 million to $107 million.
Shares of Planet Labs (PL) crashed more than 9% to their lowest level in over eight months on Thursday, as investors awaited the company’s second-quarter results later in the day.For its fiscal second quarter, Planet guided for revenue of $102 million to $107 million, compared with $73.4 million a…