How Allbirds went from a $2.2 billion IPO to a $39 million flop

What Happened

The company’s market cap reached a high of more than $4 billion on its first day of trading, but never again came close to that.

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Background Context

The company’s market cap reached a high of more than $4 billion on its first day of trading, but never again came close to that.

What To Watch Next

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Source: MarketWatch.com – Top StoriesOriginal Link

Source: MarketWatch.com – Top Stories

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