ELECT 24 Top Ad

Allbirds Stock Rises on Round of Fresh Coverage

BIRD started publicly trading earlier this month

Deputy Editor
Nov 29, 2021 at 10:21 AM
facebook X logo linkedin


The shares of New Zealand-based retailer Allbirds Inc (NASDAQ:BIRD) are on the rise today, up 2.4% to trade at $20.22 at last glance, after nearly a month of being on the public marketplace. Today, a wave of analysts are starting to cover the eco-friendly shoe company, with the bullish majority citing sustainability as its standout factor, though there are certainly some skeptics. More specifically, no fewer than eight analysts have initiated coverage on BIRD. It's also worth noting that the shoemaker is gearing up for earnings, due out after the close Tuesday, Nov. 30. 

On the charts, Allbirds stock has been struggling to rebound from its Nov. 23 low of $18.35 -- its current record low -- after a volatile first month of trading. In just the last weekly period, the equity is down 10%. 

Albeit amid lighter absolute volume, BIRD is seeing double its usual call volume. The December 15 put is the most active today, and also happens to be the top open interest position. To follow, the December 30 and 20 calls are also popular.

 

Biden’s government just announced a new government "stimulus program"...

And it could hand you a payment for as much as $7,882 — each quarter.

See, it has to do with a recent 19-page memo from Biden’s office...

Directing the government to once again send a form of "stimulus payments" to the mailboxes of Americans during these difficult times.

Better still, you can collect these payouts every single quarter — for life...

Payments run as high as $7,882... And it only takes five minutes to sign up.

I call this the "Stimulus Stipends" program…

And Forbes recently declared that you can "retire rich" thanks to this program.

So if you want to start cashing in your quarterly payouts — courtesy of the U.S government...

Discover how to receive your FIRST "Stimulus Stipends" payment for up to $7,882 here. 
 (ad)
 

election 2024 report

                                                  AD                                                  
best AI trade you can make today…?
(it’s not MSFT, GOOGL, AMZN or AAPL)

                                                  AD                                                  

 
 

VOLATILITY SCORECARD

 


                                               AD                                                    
Crazy Opportunity!! Tiny AI Stock just $3
“This Type of AI Will Be Worth “Ten MSFTs.”

                                               AD                                                    

 
4 AI STOCKS TO BUY NOW
 

                                                  AD                                                  
best AI trade you can make today…?
(it’s not MSFT, GOOGL, AMZN or AAPL)

                                                  AD