13.3 C
New York
Sunday, March 26, 2023

Subscribe

Allbirds stock crashes after the company said it lost $101 million last year and quarterly sales fell well below a year ago

Allbirds stock on Thursday plummeted within an hour of a disappointing earnings report that included a $101 million annual loss and a 13% drop in quarterly sales. Shares were down more than 19% in after-hours trading to $1.91, below a 52-week low of $2.14. Sales increased 7% for the year to $298 …

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

159,041FansLike
405,005FollowersFollow
2,170SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x