autumnoid
2021-11-08
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@llynnnie:
IPO: Allbirds Flies High💸
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The company raised $300 million from the offering alone as shares opened at <b>$21.21/share</b> and closed at <b>$28.64</b>, which up 91%.</p> <p>Allbirds is famous for its eco-friendly shoes and attention to sustainability. The company’s Co-Founder and Co-CEO Joey Zwillinger shared<i>“I think why the demand was so great … investors were really attracted by the opportunity to put their capital against great opportunity to create outcomes that were better for the planet.”</i></p> <p>With all its newly-raised capital, Allbirds hopes to boost business by expanding product lines and opening additional brick-and-mortar stores. Although the company has yet to make a profit, Allbirds executives are confident that the public listing will remedy its profitability in the near future.</p> <p>As a graduate student of sustainability studies, I have to say this concept of Allbirds is soooo good. There are tons of companies promoting their products in this way, actually, they do nothing. As an investor, I need to confirm whether Allbirds has huge potential to generate revenue. </p></body></html>","htmlText":"<html><head></head><body><p><img referrerpolicy=\"no-referrer\" src=\"https://static.tigerbbs.com/6dfb00ec2f0ff2e5fa307c5288f73428\" tg-width=\"800\" tg-height=\"600\"></p> <p>There’s been a <i>ton</i> of exciting IPO news recently, but Allbirds had its successful market debut as <a target=\"_blank\" href=\"https://laohu8.com/S/BIRD\">$Allbirds, Inc.(BIRD)$</a> stock skyrocketed above 90%.</p> <p>Allbirds is a sneaker brand, currently valued at about <b>$4 billion</b> after its successful first day of trading. The company raised $300 million from the offering alone as shares opened at <b>$21.21/share</b> and closed at <b>$28.64</b>, which up 91%.</p> <p>Allbirds is famous for its eco-friendly shoes and attention to sustainability. The company’s Co-Founder and Co-CEO Joey Zwillinger shared<i>“I think why the demand was so great … investors were really attracted by the opportunity to put their capital against great opportunity to create outcomes that were better for the planet.”</i></p> <p>With all its newly-raised capital, Allbirds hopes to boost business by expanding product lines and opening additional brick-and-mortar stores. Although the company has yet to make a profit, Allbirds executives are confident that the public listing will remedy its profitability in the near future.</p> <p>As a graduate student of sustainability studies, I have to say this concept of Allbirds is soooo good. There are tons of companies promoting their products in this way, actually, they do nothing. As an investor, I need to confirm whether Allbirds has huge potential to generate revenue. </p></body></html>","text":"There’s been a ton of exciting IPO news recently, but Allbirds had its successful market debut as $Allbirds, Inc.(BIRD)$ stock skyrocketed above 90%. Allbirds is a sneaker brand, currently valued at about $4 billion after its successful first day of trading. The company raised $300 million from the offering alone as shares opened at $21.21/share and closed at $28.64, which up 91%. Allbirds is famous for its eco-friendly shoes and attention to sustainability. The company’s Co-Founder and Co-CEO Joey Zwillinger shared“I think why the demand was so great … investors were really attracted by the opportunity to put their capital against great opportunity to create outcomes that were better for the planet.” With all its newly-raised capital, Allbirds hopes to boost business by expanding product lines and opening additional brick-and-mortar stores. Although the company has yet to make a profit, Allbirds executives are confident that the public listing will remedy its profitability in the near future. As a graduate student of sustainability studies, I have to say this concept of Allbirds is soooo good. There are tons of companies promoting their products in this way, actually, they do nothing. 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