Allbirds Rebrands to Smartbird, Appoints New CEO as Stock Soars 34% on Wednesday

According to CNBC, on Wednesday, Allbirds rebranded to Smartbird and appointed Nadia Carlsten as CEO, replacing Joe Vernachio. Carlsten previously led the Danish Center for AI Innovation, an AI infrastructure company partnered with Nvidia. Shares of BIRD surged 34% following the announcement. The shoemaker's pivot to AI infrastructure began in April, when the company rebranded to NewBird AI and sold its footwear assets to American Exchange Group for $39 million.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments