Allbirds Stock Soars 400%. The Flailing Shoe Company Is Pivoting to AI.
Barrons
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Allbirds stock rose more than 400% in Wednesday trading, marking the stock’s best day on record.
Shares are still far from their highest levels.
Allbirds pivots from shoes to AI
- ‘You Can’t Miss What Our Values Are’: Before Its Pivot to AI, Allbirds Sounded Very Different Gizmodo —
- Sneaker Company Allbirds Plans to Pivot to A.I. Yes, A.I. The New York Times —
- Sneaker company Allbirds to become AI business CBS News —
- Sneaker company Allbirds to become AI business CBS News —
- From wool sneakers to GPUs: Allbirds’ desperate AI pivot and 600% stock surge, explained Fortune —