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Planet Labs Sinks 8% Despite New Defense Contract, Intuitive Machines Pulls Back, AST SpaceMobile Sits Out Broad-Market Rally
Source: 247wallst.com
Market Technicals & FlowsInvestor Sentiment & Positioning
Commercial space and satellite stocks are pulling back Thursday morning despite broad strength in major U.S. benchmarks (SPY up, though the article truncates details). The selloff appears driven by sector-wide positioning/sentiment rather than offsetting company-specific catalysts, indicating a cautious near-term tone for the space complex.
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