اكتتاب

Transform Allbirds from $2.2 Billion IPO to $39 Million Failure

Allbirds, a sustainable footwear company, experienced a dramatic decline in its market value after a successful initial public offering (IPO) of $2.2 billion, peaking at over $4 billion on its first trading day. However, the company's value has plummeted to just $39 million.