Allbirds shares soar 580% after pivot from shoes to AI (www.bbc.com)

submitted 1 month ago by osanna@lemmy.vg to c/fuck_ai@lemmy.world

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holy fuck, a shoe company........ pivoting to AI? WHY

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[-] mostvexingparse@lemmy.world 46 points 1 month ago

just like the softdrink company that changed their name to "long blockchain iced tea" a couple of years ago, their shares soared 300% before tanking completely

gawd, i hope this bubble pops soon

[-] osanna@lemmy.vg 25 points 1 month ago

Could not agree more. Fuck this AI shit. I hope it pops bigger than the dotcom boom.

[-] teegus@sh.itjust.works 19 points 1 month ago

Still down 97% since 2021 tho.

[-] Toto@lemmy.world 11 points 1 month ago

Cue the pump and dump trains!

[-] cyberpunk007@lemmy.ca 2 points 1 month ago

I smell a short

[-] LLMhater1312@piefed.social 4 points 1 month ago

Meme stock status?

this post was submitted on 16 Apr 2026

60 points (100.0% liked)

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