🔴 Planet Labs PBC is trading 9.1% down today following Blue Origin explosion and profit-taking

Planet Labs PBC is trading 9.1% down at $46.50 following the Blue Origin New Glenn test explosion and a sharp pullback from recent record highs.

• The stock is experiencing a correction after surging over 15% in the last week and hitting a 52-week high near $51.
• Investor sentiment across the space sector has been rattled by the recent test failure, leaving high-flying names vulnerable to volatility and profit-taking.