BIRD - Allbirds' loss widens promotions draw down inventory by 51%
2024-03-13 10:06:39 ET
On the heels of a wider loss in Q4 and soft 2024 guidance , shares of Allbirds ( NASDAQ: BIRD ) are more than 25% lower Wednesday, adding to Tuesday’s 13% drop after the close. Shares have opened at their lowest level since November. ...
Allbirds' loss widens, promotions draw down inventory by 51%