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Benzinga
Benzinga
Business
Erica Kollmann

Planet Lab Stock Drops After Hours: Here's Why

Denver,,Colorado,-,June,12,2025:,Planet,Labs,Pl,Satellite

Planet Labs PBC (NYSE:PL) shares dropped in Monday’s after-hours trading after the company announced a private offering of $300 million convertible senior notes due 2023.

PL stock is challenging resistance. Check the fundamentals here.

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