Planet Labs stock rises on Clear Street $22 target hike as insider sale notices surface
Planet Labs shares rose 2.7% to $19.87 Monday after Clear Street raised its price target to $22 and reiterated a Buy rating. SEC filings showed CEO Will Marshall and co-founder Robert Schingler filed notices to sell a combined 273,782 shares valued at about $5.56 million, with planned sales dated December 26.