PL, NYSE

Planet Labs PBC (PL)

Price (as of October 22)

4.77USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

HWM

Howmet Aerospace Inc.

-0.12

HXL

Hexcel Corporation

-0.1

ATRO

Astronics Corporation

-0.08

AIR.PA

Airbus SE

-0.08

EH

EHang Holdings Limited

-0.06

ASTC

Astrotech Corporation

-0.05

HII

Huntington Ingalls Industries, Inc.

-0.04

ACHR

Archer Aviation Inc.

-0.03

MGGT.L

Meggitt PLC

-0.02

HEI-A

HEICO Corporation

-0

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Highest within Industry

Symbol Correlation

RKLB

Rocket Lab USA, Inc.

0.34

BA

The Boeing Company

0.32

RTX

Raytheon Technologies Corporation

0.21

DCO

Ducommun Incorporated

0.12

RR.L

Rolls-Royce Holdings plc

0.12

AVAV

AeroVironment, Inc.

0.11

AJRD

Aerojet Rocketdyne Holdings, Inc.

0.1

GD

General Dynamics Corporation

0.1

BA.L

BAE Systems plc

0.09

LHX

L3Harris Technologies, Inc.

0.09

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Profile

Sector:
Industrials
Industry:
Aerospace & Defense

Planet Labs PBC designs, constructs, and launches constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company offers Open Geospatial Consortium, a cloud-native proprietary technology that performs critical processing and overall harmonizing of images for time series and data fusion and analysis; and space-based hardware and related software systems. It serves agriculture, mapping, forestry, and finance and insurance, as well as federal, state, and local government bodies. The company was incorporated in 2010 and is headquartered in San Francisco, California.