An insider sale and valuation concerns likely pushed Planet Labs stock down this week.
Are space stocks just momentum stocks? It kind of felt that way in 2024, as shares of Rocket Lab (NASDAQ: RKLB) and AST SpaceMobile (NASDAQ: ASTS) both roughly quadrupled, and Planet Labs (NYSE: PL) ...
Rocket Lab USA (NASDAQ: RKLB) topped expectations in the first quarter but provided a subdued outlook for the quarter to come. Investors were disappointed, sending Rocket Lab shares down 12% at the ...