Planet Labs is trading at $11.38, down -10.00% on November 5, according to the live quote, amid a broader technology and AI-infrastructure selloff.
- Reuters reported chip and data-center-related stocks fell amid investor concerns about potential scrutiny of data-center expansion after the midterm results.
- Search results did not identify a clear company-specific catalyst for the decline.
- Planet’s Pelican-12 first-light announcement was released November 4, not as a negative event reported for November 5.