1 Undervalued Growth Stock Changing How We Look at the World
What Planet Labs (NYSE: PL) does may sound futuristic, but it is in fact very real. The company has assembled a fleet of satellites that are taking millions of pictures of Earth daily to derive insight and trends in our world.
The company came public through a special purpose acquisition company (SPAC) in early December, and since then, shares have been crushed. Shares fell over 47% and now trade at just $6. While the early poor performance is frustrating, the company is clearly up to something innovative. Is that enough to put it on your watch list?
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Source Fool.com
