Allbirds stock soars nearly 600% as the shoemaker rebrands as an AI company
Allbirds (BIRD) stock soared nearly 600% on Wednesday after the company announced it’s switching from being a sustainable sneaker business to an artificial intelligence company. The stock jumped as high as $23 per share and ended the day at roughly $17, a far cry from its price of less than $3 just days ago. The…
