From Selling Shoes to AI Transformation, Stock Price Soars nearly 9-Fold; Allbirds' Intraday Stock Price Hits High of $24.3

BlockBeats News, April 15th, according to Bitget market data, the stock price of American shoe retailer Allbirds (BIRD) violently surged from today's opening price of $6.82 to an intraday high of $24.3, currently trading at $20.1, with a market capitalization of $176 million, and a peak intraday gain of 876%.

Allbirds announced today that it has completed a $50 million financing through the issuance of convertible bonds, transitioning from its retail business to AI computing infrastructure, and planning to rebrand the company as "NewBird AI."