Guggenheim Starts Allbirds Inc (BIRD) at Buy
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
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- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Allbirds (BIRD) Stock Up as Street Starts New Coverage With Mostly Bullish Ratings
November 29, 2021 9:23 AM ESTAt least 12 Street analysts initiated research coverage of Allbirds (NASDAQ: BIRD) with 9 starting at Buy or equivalent and 3 at Neutral.
The eco-friendly company that sells footwear started trading earlier this month in a hugely impressive debut.
Allbirds shares opened at $21.21 on November 21 after selling 20.2 million shares a day earlier at $15.00 apiece. The company previously marketed shares at $12.00 to $14.00.
Shares closed at $28.64 on the first day to mark a 90% surge compared to the IPO price. Allbirds... More