Planet Labs Sinks 8% Despite New Defense Contract, Intuitive Machines Pulls Back, AST SpaceMobile Sits Out Broad
Planet Labs (PL) fell 8% despite a new 7-figure European defense contract, as the deal was smaller than prior awards. Intuitive Machines (LUNR) dropped 2%, and AST SpaceMobile (ASTS) slid 1%. Berenberg initiated coverage of all three with Buy ratings. Planet Labs is set to report earnings, with defensive options activity suggesting volatility.




