🔴 Allbirds is trading 9.1% down today as profit-taking continues after AI-pivot rally

Allbirds is trading 9.1% down today at $3.14 as the stock continues to digest its massive April rally following a pivot to AI infrastructure.

• The move follows an extremely volatile period where shares surged 500–600% in April 2026 on rebranding and AI-focused business plans.
• With no new company-specific news or earnings today and broader indices flat, the decline appears to be driven by profit-taking rather than a fundamental shift.