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Allbirds shares drop 31% after 582% AI-related surge
Companies

Allbirds shares drop 31% after 582% AI-related surge

by info@biztrendwire.comApril 16, 2026

Allbirds Inc.’s shift from wool sneakers to artificial intelligence infrastructure has resulted in a significant stock decline. Shares fell as much as 31% on Thursday, following a more than 582% surge the previous day. Nearly…

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