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How to buy Planet Labs stock in Canada

Own Planet Labs shares in just a few minutes.

Google-backed geospatial intelligence company, Planet Labs, has closed its merger with dMY Technology Group, Inc. IV, a special purpose acquisition company (SPAC). Following its market debut on Wednesday, Planet Labs' stock price fluctuated throughout the day.

Here's how you can buy into PL from Canada.

How to buy shares in Planet Labs

  1. Choose a platform. If you're a beginner, our stock trading platform picks below can help you choose.
  2. Open your account. Provide your personal information and sign up.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: PL in this case.
  5. Research stocks. The platform should provide the latest information available.
  6. Buy your stocks. Place a market order or limit order with your preferred number of shares. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

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Is it a good time to buy Planet Labs stock?

Only you can make the decision on the time to leap... but here's some supporting information and analysis.

Use our graph to track the performance of PL stocks over time.

Share price volatility

Over the last 12 months, Planet Labs's shares have ranged in value from as little as $1.68 up to $5. A popular way to gauge a stock's volatility is its "beta".

PL.US volatility(beta: 0.79)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Planet Labs's is 0.785. This would suggest that Planet Labs's shares are less volatile than average (for this exchange).

Historical closes compared with the last close of $1.77

1 week (2024-04-17)0.57%
1 month (2024-03-24)-28.92%
3 months (2024-01-24)-23.04%
6 months (2023-10-24)-15.31%
1 year (2023-04-24)-55.75%
2 years (2022-04-24)-67.52%
3 years (2021-04-18)N/A

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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