Financial

Allbirds faces Nasdaq pressure to boost stock price

By 2024-04-09T14:54:00

Allbirds

Allbirds is facing pressure to increase its share price after receiving a warning from Nasdaq regarding its stock performance. The sustainable footwear brand disclosed that its Class A common stock had consistently closed below $1 per share for 30 consecutive days, violating Nasdaq’s regulations. Allbirds now has six months to ...

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