Red List

PLPlanet Labs PBC

Industrials · Aerospace & Defense · mid-cap ($8.2B)
-49.7%
from rolling 252-day high of $51.76 set 2026-05-28 · 43d ago
Current
$26.05
Decline depth
-49.7%
Decline σ
4.3σ
TFC
0/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since tracking began

$PL has been tracked since 2026-03-01. It was down 14.7% from its 52-week high then — now down -49.7%.

That's 13.8 percentage points deeper than the day it joined.

Decline from the 52-week high as it stood on 2026-03-02 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

PL qualifies for the Red List on decline depth.

Decline depth
-49.7%
From rolling 252-day high of $51.76, 43d ago. Past the 40% Red List threshold.
Time-frame continuity
0/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
4.3σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (6.13% per day). Past the ≥4σ Watch threshold.

The structural read

What price action says about PL.

PL qualifies for the Red List on decline depth — down -49.7% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy. Depth plus recency: this is the pattern many investors call a falling knife.

Cross-confirmation: decline sigma also reads 4.3σ over 20 bars.

Earnings on file: 2026-03-19. Tiering is unaffected by earnings dates — listings reflect price structure only.

52-week range

52W low $2.79 82.8% of range 52W high $30.90

Sector context · Industrials

135 other Industrials tickers are on Broken Stocks.

51 Red List
24 Amber
60 Watch
-30.0% Median decline

Worst in sector: EH (-72.7%). Least-bad: CTAS (-20.0%). See all Industrials listings →

Questions about PL

What people ask.

Why is PL on Broken Stocks?

PL qualifies for the Red List on decline depth. It is down -49.7% from its rolling 252-day high of $51.76, set on 2026-05-28 — 43d ago.

Is PL a falling knife?

By the most common technical definition — a steep, recent breakdown from a fresh high — yes. PL is down -49.7% from its 52-week high of $51.76, set 43d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — historically most attempts to bottom-pick continue lower before reversing. Broken Stocks flags the pattern; it does not recommend buying or selling.

Is PL a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is PL trading inside its 52-week range?

At $26.05, PL sits 82.8% of the way from its 52-week low ($2.79) to its 52-week high ($30.90). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has PL been declining?

The current 49.7% decline accrued over 43d, which annualizes to roughly -421.9% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does PL compare to its sector?

There are 135 other Industrials tickers on Broken Stocks: 51 Red, 24 Amber, 60 Watch, with 32 showing recovering structural signals. Median sector decline is -30.0% — PL's decline is deeper than the sector median.

Does PL's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-03-19) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.