Planet Labs is trading 4.2% down at $21.68 as technology shares weaken amid rising Treasury yields, higher oil prices, Middle East tensions and broader risk-off sentiment.

  • The Nasdaq Composite is down 0.94%, while the technology-sector ETF is down 1.66% during regular trading.
  • No fresh company-specific announcement has been identified for August 20, 2026.
  • The decline therefore appears primarily macro- and sector-driven.