Allbirds Is Pivoting from Shoes to AI Compute. Should You Take a Gamble on BIRD Stock Today?
Allbirds (BIRD) stock experienced a nearly 10x rally on April 15 after the footwear firm announced a significant pivot into artificial intelligence (AI) compute infrastructure. As the Nasdaq-listed firm rebranded into NewBird AI, its relative strength index (14-day) climbed into the mid-90s signaling “extremely” overbought conditions. More News from Barchart In fact, the buying frenzy in Allbirds shares looks decoupled from technical norms on Wednesday. www.barchart.com Significance of AI Pivot for A ...