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NYSE:AMER 19 May 2026

Amer Sports Rises Premarket on Salomon Strength

Amer Sports Rises Premarket on Salomon Strength

Amer Sports shares traded higher in premarket action Tuesday after the Arc’teryx and Salomon parent raised its full-year outlook and topped first-quarter analyst targets. The numbers offer another look at demand for top-priced outdoor kit and running shoes. Shares listed in New York traded at $34.54, up 4.18% in premarket action at 8:06 a.m. EDT, after closing Monday at $33.15. This came ahead of the NYSE regular session that begins at 9:30 a.m. ET.
19 May 2026

Stock Market Today

  • Planet Labs (PL) Stays Pricey After Big Run-Up
    July 1, 2026, 7:56 AM EDT. Planet Labs PBC (NYSE:PL) stock has jumped nearly 9 times in three years, logging a 437.8% gain over the past year. Strong demand for geospatial data and AI tools has powered returns, but the shares now trade at a P/S of 35.2x. That's far above the Professional Services industry average of 0.9x and group peers at 1.4x. Some models put a fair P/S closer to 7.7x, leaving Planet Labs looking expensive. The company isn't turning a profit yet and still burns cash, making it a high-premium bet for investors willing to take on the risks for growth.
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