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REDDIT

05 JUNE 2026, WHAT ARE THE BIGGEST LOSERS AND WHY ?

# Top Losers

* **PL (Planet Labs PBC)**: Down \~19-20%. Earth-imaging/satellite data company hit hard, possibly on earnings concerns, profitability issues, broader space sector weakness (e.g., related to launch/rocket incidents), or analyst downgrades. The stock has been volatile amid backlog conversion and growth expectations.
* **HUBC (HUB Cyber Security)**, **SNBR (Sleep Number)**, and other small-caps: Sharp declines of 50-70%+. Often due to poor fundamentals, profit-taking after prior runs, negative news, or low-liquidity sell-offs in micro-caps.
* Other notable losers included **NTSK**, **FIVE**, **CIEN**, and names like **AVGO** (Broadcom) in some sessions amid tech rotation or sector-specific pressure