Allbirds, Inc. (BIRD) Surges 12.8%: Is This an Indication of Further Gains?
Allbirds(BIRD) ZACKS·2024-10-30 00:05
Allbirds, Inc. (BIRD) shares rallied 12.8% in the last trading session to close at $11.78. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 12.3% loss over the past four weeks.The company is optimistic about its ongoing operational and financial improvements, reflecting a significant milestone in its strategic transformation over the past 18 months. With a focus on three core areas — product quality, compellin ...