Allbirds is trading 10.19% up now at $2.38 after its scheduled $0.31-per-share special dividend payment on August 20, 2026.
- The dividend was funded by proceeds from the sale of Allbirds’ footwear business, which closed in June.
- The company-specific catalyst appears to outweigh weakness in consumer discretionary stocks.
- Shares are up sharply during active midday trading.