Why Planet Labs Stock Popped Today
Planet Labs (NYSE: PL) stock jumped 7.2% through 12:55 p.m. ET Friday -- and no one seems to know why. There's no news from the company itself, no upgrades or price target changes on Wall Street.
What there is, is a note from KeyBanc analyst Michael Leshock encouraging investors to buy defense stocks on the theory that the "conflict with Iran" might last a while longer and even turn into a "boots on the ground" situation.
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Source Fool.com
