🟢 Planet Labs PBC is trading 5.3% up today after raising its revenue outlook and reporting a $906 million backlog

Planet Labs PBC is trading at $33.94 (5.3% up) in pre-market as investors re-evaluate the company's raised full-year revenue guidance and strong defense demand following its June 4 earnings report.

• Management highlighted a $906 million backlog, signaling robust long-term demand for its satellite data services as broader technology sector sentiment stabilizes.
• The current move represents a partial recovery from a sharp selloff the stock experienced last week.