Bullish option flow detected in Planet Labs ( PL) PBC with 15,638 calls trading, 4x expected, and implied vol increasing almost 5 points to 100.36%. Jul-25 9 calls and Jul-25 5 calls are the most active options, with total volume in those strikes near 8,900 contracts. The Put/Call Ratio is 0.03. Earnings are expected on March 27th.

On Monday, Planet Labs PBC (PL) stock saw a decline, ending the day at $5.15 which represents a decrease of $-0.29 or -5.33% from the prior close of $5.44. The stock opened at $5.16 and touched a low of $4.92 during the day, reaching a high of $5.28. The volume of shares traded was 9.02 million exceeding the average volume of 4.74 million.

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher.

JMP Securities analyst Trevor J. Walsh reiterated a Buy rating on Planet Labs PBC (PL – Research Report) today and set a price target of $6.50.

In a remarkable display of market confidence, Planet Labs PBC stock has soared to a 52-week high, reaching a price level of $6.26. According to InvestingPro data, the stock's technical indicators suggest it's in overbought territory,