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Everyone is celebrating the 352% pump in Allbirds ($BIRD).
Nobody wants to talk about the 99.65% CRASH that came before it.
From a $4 billion Silicon Valley darling in 2021 to a dying shoe company worth just $39 million in early 2026 — down 99.65%.
Then they added “AI” to their name, raised $50M, and rebranded as NewBird AI.
Stock exploded 352% in days.
The real lesson:Markets ignored 4 years of brutal value destruction, but went crazy the moment a failing company slapped “AI” on it.
The 99.65% drop was the real story. The 352% pump is just hype with a new label.