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Allbirds Receives Six Month’s Notice to Raise Its Stock Price

Allbirds Receives Six Month’s Notice to Raise Its Stock Price

Allbirds on Monday said it received a notice from Nasdaq flagging its share price remaining below $1 for a month. The embattled sneaker seller has six months to trade at more than $1 for at least 10 consecutive days or risk being delisted, but it could receive another six months extension if it doesn’t meet that deadline.

Allbirds’ share price has plummeted more than 90 percent since its IPO in November 2021. Its dismal stock performance…


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Senators' letter demands accountability from UHG

Senators' letter demands accountability from UHG