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Allbirds shares soar 600% as it pivots from footwear to AI

20 pointsby samsolomontoday at 5:04 PM8 commentsview on HN

Comments

james-cleftoday at 5:23 PM

What a pivot. I was thinking their investors may have some questions, thinking they were getting into sneakers and then finding that position is actually an investment in AI. Not good if you were trying to diversify but the 600% gain probably softens that for now.

Kind of reminds me of the dot com bubble stories though. 600% increase on what seems to be a plan at this time.

show 2 replies
beardywtoday at 6:17 PM

Earlier today Jack made a dramatic pivot from cow to magic beans. Later we have an interview with his mother.

FireBeyondtoday at 7:43 PM

This saddens me. They were very comfortable apart from anything else, suited my wide feet. You could order in 1/4 sizes and could even order a different size for each foot, like a 9.25 on the L and 9.5 on the R.