• schipelblorp@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    0
    ·
    15 hours ago

    Ah, the Allbirds play.

    This shit is wild.

    Allbirds made a surprising announcement Wednesday that it is pivoting from shoes to artificial intelligence. The move boosted shares of the miniscule market cap company — it was valued at about $21 million at Tuesday’s close — by 582%. The shares, which were under $3 a day ago, jumped to about $17.

    https://www.cnbc.com/2026/04/15/allbirds-bird-stock-shoes-ai.html

    This is the most bubblicious bubble to ever bubble.

    • Voroxpete@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      0
      ·
      13 hours ago

      Literally the easiest pump and dump ever. Company failing and you want to dump your shares at a good price? Announce you’re doing AI! How? Who cares?! It’s AI!