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They were no longer making sales from shoes....so they moved to AI and their stock is over 500% UP rn 🤯
Allbirds selling their main shoe business for $39 MILLION after being valued at $4 BILLION in 2021 sounds totally crazy at first
But they were basically running as a DEAD company, Stocks were DOWN 99%+ from IPO highs, Revenue was collapsing.... Until they said they're moving to AI and now their BIRD stock is ripping
Looks like anything with the AI narrative is a Full sender rn 💀