markets
PL +6.75% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
PL surges +6.75% intraday, trading at $28.40 against a broadly risk-on tape.
Planet Labs is leading today's session on heavy momentum, breaking sharply higher from Thursday's close at $26.51. The move comes as the broader market pushes higher — MSFT +4.74%, RKLB +5.49%, MARA +3.98% — suggesting institutional appetite for high-beta tech and space names is driving broad rotation today.
Watch: $28.51 as the next resistance level to clear for continuation; a fade back below $27.50 would signal profit-taking and warrant caution on new entries.