Allbirds is not living up to its billion-dollar valuation which led to their IPO $BIRD.
Topics in this video:
A look at third party marketplaces like Amazon and eBay. eBay in particular shows $600,000 dollars sold on the keyword Allbirds at an average price of 41.90 a pair. Amazon’s brand registry with Le Mouton, a Korean company, is also problematic for Allbirds so are 4 competitors (Baabuk, Le Mouton, Glerups and Giesswein) making shoes that look like Allbirds featuring wool.
I introduce a new brand named ANTEPES https://antepes.com/ that Allbirds should consider acquiring at a cheap price with a great potential return on investment.
Articles mentioned in this post:
Business Insider: https://www.msn.com/en-us/money/companies/allbirds-stock-crashes-after-the-company-said-it-lost-101-million-last-year-and-quarterly-sales-fell-well-below-a-year-ago/ar-AA18rdKw
Under Armour to a 1.00? https://arch-usa.com/is-uaa-and-ua-under-armour-stock-on-a-path-to-1-dollar-and-what-happens-then/
What Happens when a stock hits Zero? https://www.sapling.com/6384209/happens-stocks-fall-zero
Allbirds Stock Tumbling: https://arch-usa.com/why-did-allbirds-stock-tumble/
Allbirds: https://www.allbirds.com/
Video Breakdown
0:00 Intro
1:06 Biz Insider Article
3:15 What Happens When a Stock Drops Under a 1 dollar?
4:04 arch article on Allbirds IPO
10:39 Antepes is a brand Allbirds Can Acquire
15:23 Allbirds needs a WOW
