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…