Allbirds stock tumbles after nearly 600% rally as the shoemaker rebrands as an AI company
2026-04-16 · r/technology
Shoe company Allbirds decided the best way to save their sinking stock was to slap 'AI' on everything, because nothing says artificial intelligence like sustainable sneakers. After a wild 600% meme-stock rally, reality kicked in and the stock tumbled back down. Turns out investors eventually notice when your AI pivot is just a rebrand with extra buzzwords.