Allbirds Announces 1-for-20 Reverse Stock Split, Shares Drop 4.4%

Allbirds Inc. (BIRD) shares fell by 4.4% after the company announced a 1-for-20 reverse stock split, effective September 4th. The split aims to meet Nasdaq’s minimum bid price requirement, and will see every 20 shares combined into one. While the move may help the company meet regulatory standards, it’s important for investors to consider the implications for their holdings before making any decisions.

Jennifer Lopez and Ben Affleck Show Us How Cool Allbirds Trainers Are

Jennifer Lopez and Ben Affleck have stepped out in style, showcasing their love for Allbirds’ comfortable and sustainable trainers. J-Lo has been spotted in the Women’s Tree Flyer 2 Allbirds in multiple colors, while Ben opted for the Tree Piper in Natural Navy. Founded in 2014, Allbirds has gained popularity for its eco-friendly designs featuring high-quality merino wool. Shoppers rave about the brand’s lightweight and comfortable styles, making them perfect for casual wear, workouts, and fitness classes.

Allbirds Tree Runner Go Sneakers: Sustainable and Super Comfortable

Allbirds has updated its popular Tree Runner sneaker with the Tree Runner Go, featuring a ribbed insole, improved toe shaping, and new finishes. The Tree Runner Go is made with a sustainable TENCEL Lyocell blend upper and sugarcane PVA midsole, providing both comfort and eco-friendliness. The sneakers are available in five color variants and are perfect for everyday wear, walking, and even long days at theme parks.

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