The Allbirds IPO filing came on June 29 and valued the company at $2 billion. Traders will see Allbirds stock on the New York Stock Exchange soon. The question is – will they want to buy?
Sure, everyone wants to see about investing in a talked-about brand like Allbirds. But “story stocks” like these always come with a problem…
Stocks that make headlines can often be pumped to insane levels leading up to the IPO, only for early investors to find out the stock price did not reflect the company’s real value.
Let’s find out whether or not....More>>>