In one of the strangest stock market stories of the year-to-date, shares in shoe brand Allbirds (BIRD) soared 580% on 15 April. The catalyst was the company’s announcement of plans to pivot from footwear to artificial intelligence (AI). A firm whose stock had collapsed from over $500 post-IPO to under $3, with no track record … Continue reading Does Allbirds surge mean meme stock mania is back?