Planet Labs
Operates one of the largest fleets of Earth-imaging satellites and sells the daily satellite pictures and data, mainly to governments, defense and agriculture customers.
Returns shown in USD. Past performance is not a reliable guide to future results. Owning a single stock is riskier than a diversified fund.
Available on Interactive Brokers
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Frequently asked questions
Can I buy PL on Interactive Brokers?
Yes. Planet Labs (PL) is a United States company available to investors worldwide through Interactive Brokers (IBKR), which is a popular low-cost way to buy overseas shares thanks to its low FX conversion cost and low trading commissions.
What does Planet Labs do?
Operates one of the largest fleets of Earth-imaging satellites and sells the daily satellite pictures and data, mainly to governments, defense and agriculture customers.
What currency does PL trade in?
PL trades in USD. On TickerCompare its chart and returns are converted to US dollars so you can compare it on the same basis as every other stock and ETF on the site.
Is PL a risky investment?
Owning a single company like Planet Labs is riskier than owning a diversified fund: if this one business stumbles there is nothing else in the holding to cushion it, and single stocks can swing far more than a broad ETF. Most beginners keep individual names to a small slice of a mostly fund-based portfolio.