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Barchart
Wajeeh Khan

Allbirds Is Pivoting from Shoes to AI Compute. Should You Take a Gamble on BIRD Stock Today?

BIRD Allbirds

Allbirds (BIRD) stock experienced a nearly 10x rally on April 15 after the footwear firm announced a significant pivot into artificial intelligence (AI) compute infrastructure. 

As the Nasdaq-listed firm rebranded into NewBird AI, its relative strength index (14-day) climbed into the mid-90s signaling “extremely” overbought conditions. 

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