Red List

PLPlanet Labs PBC

Industrials · Aerospace & Defense · mid-cap ($8.2B)
-38.9%
from rolling 252-day high of $51.76 set 2026-05-28 · 34d ago
Current
$31.61
Decline depth
-38.9%
Decline σ
4.0σ
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 -38.9%.

It has clawed back 16.3 percentage points off that level. It bottomed 20.4% below that high along the way.

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
-38.9%
From rolling 252-day high of $51.76, 34d ago. Past the 30% Amber 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
4.0σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (8.55% 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 -38.9% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause that often precedes further breakdown. Depth plus recency: this is the pattern many investors call a falling knife.

Cross-confirmation: decline sigma also reads 4.0σ 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 $2.79 100.0% of range 52W high $30.90

Sector context · Industrials

125 other Industrials tickers are on Broken Stocks.

49 Red List
26 Amber
50 Watch
-30.2% Median decline

Worst in sector: EOSE (-72.0%). Least-bad: TPC (-20.4%). 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 -38.9% from its rolling 252-day high of $51.76, set on 2026-05-28 — 34d ago.

Is PL a falling knife?

By the most common technical definition — a steep, recent breakdown from a fresh high — yes. PL is down -38.9% from its 52-week high of $51.76, set 34d 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 $31.61, PL sits 100.0% 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 38.9% decline accrued over 34d, which annualizes to roughly -417.6% 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 125 other Industrials tickers on Broken Stocks: 49 Red, 26 Amber, 50 Watch, with 39 showing recovering structural signals. Median sector decline is -30.2% — 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.