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SAN FRANCISCO, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Allbirds, Inc. (Nasdaq: BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, today announced that its third quarter 2022 financial results will be releas...
SAN FRANCISCO, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Allbirds, Inc. (Nasdaq: BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, today announced it has released its first Sustainability Report since outlin...
Summary Allbirds has seen a dramatic decline in its share price since the IPO. The company is seeing major revenue deceleration and increased losses, which raises the risks related to balance sheet and liquidity. Management sets its sight on various growth opportunities includ...
A broad cross-section of stocks slumped this week, as a decision by the Federal Reserve Bank brought the macroeconomic challenges front and center. Among the casualties, plant-based meat specialist Beyond Meat (NASDAQ: BYND) was off by as much as 20.1% this week, daily fantasy s...
Shares of consumer-oriented meme stocks AMC Entertainment (NYSE: AMC) , fuboTV (NYSE: FUBO) , and Allbirds (NASDAQ: BIRD) plunged on Wednesday, down 9.3%, 12.3%, and 7.2%, respectively, as of 12:10 p.m. ET. Heavily shorted meme stocks like AMC and fuboTV had ...
SAN FRANCISCO, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Allbirds, Inc. (Nasdaq: BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, today announced the appointment of Ann Freeman as a member of the company...
Shares of Allbirds lost steam after the company reported disappointing Q2 results and re-issued guidance targets for the year. Like many other companies, Allbirds is reacting to slower consumer spending and slashing its full-year targets. It's planning on reducing its headcount by...
Best Buy Co. ( NYSE: BBY ) has cut “hundreds of jobs” across the country in the past week, per the Wall Street Journal. The electronics retailer reduced headcount in its retail locations while also trimming positions for some workers that help customers...
Morgan Stanley lowered its rating on Allbirds ( NASDAQ: BIRD ) to Equal-weight from Overweight after warning about the impact of a macroeconomic deterioration. The firm said BIRD's Q2 results confirmed that the macro backdrop is impacting BIRD's results and industry-specific...
Baillie Gifford’s 13F portfolio value decreased from ~$143B to ~$97.51B this quarter. They increased Spotify and Royalty Pharma while decreasing Cloudflare, Petrobras, BeiGene, CBRE Group, Teladoc, and Peloton Interactive. The top three positions are Moderna, Tesla Motors, ...
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SAN FRANCISCO, July 17, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with sustainable materials to make products in a better way, today announced that its second quarter 2024 financial results will be released after market close on Wednesday, Aug...
SAN FRANCISCO, July 16, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with sustainable materials to make products in a better way, today announced that Jason Israel has been named VP of Design, effective June 1. Israel reports to Chief Design Offi...
2024-05-24 05:45:28 ET Allbirds (NASDAQ: BIRD) stock price has become toxic and is now hovering near its all-time low. It has moved from a record high of $32.40 into an unwanted penny stock as investors worry about its future. Subsequently, its market cap has plunged to about $96 millio...