Research Notes: Can Allbirds Be Salvaged?
Allbirds stock (BIRD) has been a disaster so far. There's still hope.
⚡ Highlights
Allbirds stock has been a disaster since its 2021 initial public offering.
An aggressive expansion plan simply hasn’t worked — and leaves the company’s back against the proverbial wall.
But if Allbirds reverses course, there’s the possibility of salvaging value here.
Meanwhile, an analogous situation from the past suggests an unlikely but extra…