Eric Lynch of Suncoast Equity Management said that Allbirds' rebrand from footwear maker to AI firm, which whiplashed its stock in two days from a 580% gain to 30% loss, characterized the story-driven market we've seen over the last year.
#allbirds #markets #artificialintelligence #stocks #News #Reuters #Newsfeed
Read the story here: https://reut.rs/4vBypIk
👉 Subscribe: https://reut.rs/4b8fRGn
Keep up with the latest news from around the world: https://www.reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on X: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en
Allbirds' AI pivot, stock surge may help 'define the era'
Reuters
—