Home / Technology / Allbirds soars 461% after sneaker firm rebrands as AI stock

Allbirds soars 461% after sneaker firm rebrands as AI stock

Allbirds Inc., the once-buzzy maker of wool sneakers valued at more than $4 billion in its heyday, announced a new business plan just days before it planned to close down for good: AI computing infrastructure.

By Subrat Patnaik, Bloomberg
Allbirds Inc., the once-buzzy maker of wool sneakers valued at more than $4 billion in its heyday, announced a new business plan just days before it planned to close down for good: AI computing infrastructure.
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Source: The Mercury News | Published: 2026-04-15T15:56:11Z

Credit: The Mercury News

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