Allbirds, the internet-famous shoe brand once worn by Obama, sold its brand, closed stores, and saw its market cap drop to 21 million. It then announced a shift to AI computing, rebranded as NewBird AI, resulting in an 800% surge in stock price in a single day.
Allbirds, the trendy shoe brand worn by Obama—the brand has been sold, the stores have closed, and its market value is now only 21 million.
Then it announced its transformation into AI computing power and changed its name to NewBird AI.
The stock price surged 800% in a single day.
Author: PA影音
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