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As inflation skyrockets to new levels, consumer sentiment has been heading south. With retail sales registering a decline last month, we think it could be wise to avoid certain overvalued retail stocks for now, including V.F. Corporation (VFC) and Allbirds (BIRD). So, let’s discuss the...
Allbirds (NASDAQ: BIRD) shares tanked 50% from their recent highs on November 3, however, according to Morgan Stanley, it is the perfect time to buy the stock. “Valuation appears compelling, at ~4 times consensus 2023 estimated EV/Sales c...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Allbirds (NASDAQ: BIRD ) stock is soaring higher on Thursday after getting an upgrade from Morgan Stanley analyst Kimberly Greenberger. Source: Michael Vi/ShutterStock.com Greenberger’s upgrade for BIRD...
Shares of "environmentally friendly" footwear maker Allbirds (NASDAQ: BIRD) jumped a huge 19% at the open on Jan. 6. That didn't hold for long, though, with the stock up just 4% an hour or so into the session. The news driving the seesaw action was an analyst upgrade, and both the s...
Stocks were mixed Thursday as traders tried to recover some ground following a massive tech selloff in the previous session. The Dow Jones Industrials remained negative 118.97 points to 36,288.14. The S&P 500 index eked up 7.79 points to 4,708.37. The NASDAQ recovered 59...
Shares of Allbirds (NASDAQ: BIRD) , a maker of lightweight shoes, were falling last month after investors were disappointed by the company's third-quarter earnings report at the end of the November. According to data from S&P Global Market Intelligence , the stock finished l...
Eco-conscious shoemaker Allbirds went public in November at $15 per share. The stock rocketed up immediately to $30 but has been in decline ever since and is close to reaching its original IPO price again. The company is delivering >30% y/y revenue growth, but adjusted EBITDA l...
Crocs (NASDAQ:CROX) falls after the company announces the acquisition of casual footwear brand HEYDUDE for $2.5B. The deal value will be funded by $2.05B in cash and $450M in company's shares. Piper Sandler analyst Erinn Murphy is defending CROX after the big share price drop, saying investor...
NEW YORK, Dec. 23, 2021 (GLOBE NEWSWIRE) -- Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from CEO’s of: Allbirds, Inc. (NASDAQ: BIRD), Organic Garage (OTC: OGGFF) (TSX.V: OG), ESE Entertainment (TSX.V: ...
The retail sector is lower on a combination of Omicron COVID developments and a weaker-than-anticipated retail sales report. Omicron is spreading quickly in the UK to raise concerns outbreaks in the U.S. could lead to lower foot traffic at stores or reduced economic activity. As for the ...
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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...