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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Allbirds, Inc. - BIRD

1. Pomerantz LLP investigates potential securities fraud at Allbirds. 2. Allbirds reported a 22% decline in net revenue for Q4 2024. 3. Company blames lower unit sales and retail store closures for revenue drop. 4. Stock price fell 13.15% after the unfavorable financial report. 5. Pomerantz specializes in corporate and securities class litigation.

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Why Very Bearish?

The news indicates significant financial weakness and potential legal issues. Similar past events led to prolonged stock declines, often exceeding 20%.

How important is it?

The ongoing investigation and severe revenue decline present concrete risks to BIRD's stock price. High-profile investigations often lead to drastic changes in investor confidence.

Why Short Term?

Immediate investor sentiment could remain negative due to ongoing investigation and declining sales. Similar situations historically result in quick market reactions lasting several months.

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NKEADDYYALNY
NEW YORK, April 25, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  Allbirds, Inc. (“Allbirds” or the “Company”) (NASDAQ: BIRD).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Allbirds and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On March 11, 2025, Allbirds issued a press release reporting its fourth quarter and full year 2024 financial results.  Among other items, Allbirds reported a 22% year-over-year decline in net revenue for the quarter, citing “lower unit sales within our direct business”, along with the impact of “international distributor transitions and planned retail store closures.”             On this news, Allbirds’ stock price fell $0.81 per share, or 13.15%, to close at $5.35 per share on March 12, 2025. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes.    CONTACT: Danielle PeytonPomerantz LLPdpeyton@pomlaw.com646-581-9980 ext. 7980

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