🟢 Planet Labs PBC is trading 4.5% up today as it recovers from a sharp post-earnings slide and dilution fears

Planet Labs PBC is trading at $32.10 (up 4.5%) in pre-market, bouncing back from a heavy post-earnings selloff and investor concerns over a planned $1.5 billion stock offering.

• The stock fell over 35% from its recent pre-earnings peak of approximately $48, triggering early bargain-hunting at lower valuations.
• The upward move is supported by short-covering activity and broader market futures pointing toward a higher open.