Planet Labs (PL) Stock Falls in Holiday Trading After Zacks Downgrade: What Investors Need to Know Now
New York — As of 1:19 p.m. ET on Friday, December 26, 2025, Planet Labs PBC (NYSE: PL) shares were trading around $19.41, down about 4.5% on the day, after opening near $20.05 and ranging roughly between $19.22 and $20.09 in intraday trading. The pullback is landing in a market that’s still in that post-holiday, year-end mode—lighter participation can exaggerate intraday moves, especially in higher-volatility names. AP News+1 Why Planet Labs stock is down today A key catalyst circulating in market commentary: Zacks Research downgraded Planet Labs from “hold” to “strong sell.” Barchart.com+1 The rationale highlighted by syndication partners centers