Planet Labs (PL) Stock: Why Shares Slid Into the Weekend—and What Investors Should Watch Before Monday’s Open
Planet Labs shares fell 4.72% to $19.36 Friday, after hitting a high of $20.99 earlier in the week. The drop followed a downgrade from Zacks Research citing profitability concerns and a broader selloff in space-related stocks. Major U.S. indexes ended nearly flat in light post-holiday trading. PL traded around $19.25 after hours.