BIRD / Allbirds tops revenue estimates on robust demand

WeWork (NASDAQ: WE) stock price plunged by more than 51% on Wednesday after reports said that the company was nearing bankruptcy. The shares have alre more_horizontal

The last decade was a boom period for technology startups, with some analysts comparing it with the dot com bubble. Buoyed by low-interest rates, vent more_horizontal

Allbirds topped estimates in its second-quarter earnings report, but revenue continues to fall. The company still has a lot of work to do to get on a more_horizontal

Allbirds, Inc. (NASDAQ:BIRD ) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Christine Greany - The Blueshirt Group J more_horizontal

The headline numbers for Allbirds, Inc. (BIRD) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to more_horizontal

BIRD has seen its share price drop by 93% since its 2021 IPO, with shares now trading at around $1.56. Risk remains high. Losses have grown out of con more_horizontal

Allbirds has faltered after soaring in popularity with Silicon Valley tech bros. Co-founders Tim Brown and Joey Zwillinger admit the company's misstep more_horizontal

Allbirds, Inc. is a prominent player in the production of sustainable casual wear, health and wellness, e-commerce, and sportswear. The global footwea more_horizontal