Allbirds: Time To Buy The Dip
Shares of Allbirds have fallen more than 70% since the start of the year. Losses deepened after the company reported Q1 results and cut its guidance forecast for the year. A more aggressive store rollout plan has also cut into Allbirds' profitability. Still, the company's combination of compelling and beloved products, alongside robust growth, is worth looking at as the stock hovers near all-time lows.