Retail traders pile into Allbirds after odd AI pivot. History shows it won't end well
CNBC
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This surge of speculative buying reflects a broader return of animal spirits among small traders.
Allbirds pivots to AI business
- Bizarre AI pivot: Allbirds shares sink as 582% surge comes to screeching halt The Straits Times —
- The Allbirds Pivot Is a Terrible Idea … Right? The Atlantic —
- Allbirds' AI pivot, stock surge may help 'define the era' Reuters —
- Allbirds’ Plan Is Only 99.6% Crazy Barrons —
- What Allbirds needs to do to make its Hail Mary AI pivot succeed Business Insider —