Split History
PL split history picture
Planet Labs PBC (PL) has 2 splits in our PL split history database. The first split for PL took place on June 02, 1995. This was a 2 for 1 split, meaning for each share of PL owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. PL's second split took place on April 02, 1998. This was a 2 for 1 split, meaning for each share of PL owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.

When a company such as Planet Labs PBC splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the PL split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Planet Labs PBC shares, starting with a $10,000 purchase of PL, presented on a split-history-adjusted basis factoring in the complete PL split history. PL split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 04/27/2021
End date: 03/28/2024
Start price/share: $9.92
End price/share: $2.55
Dividends collected/share: $0.00
Total return: -74.29%
Average Annual Total Return: -37.20%
Starting investment: $10,000.00
Ending investment: $2,569.99
Years: 2.92
Planet Labs designs, constructs, and launches satellites with the intent of providing geospatial data delivered to customers via an online platform. Co.'s platform includes imagery, insights, and machine learning. Co.'s satellite data and analytics reveal insights regarding a range of phenomena, such as deforestation, agriculture, climate change, biodiversity, and supply chains worldwide. Co. serves customers across commercial and government verticals, including agriculture, mapping, forestry, finance and insurance, as well as federal, state, and local government bodies. Co.'s products serve a variety of diverse customer needs. Co. operates in the U.S., Canada, Asia and Europe. According to our PL split history records, Planet Labs PBC has had 2 splits.
Date Ratio
06/02/19952 for 1
04/02/19982 for 1
PL is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

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