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Allbirds Faces Board Compliance Issue After Resignation

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Allbirds Faces Board Compliance Issue After Resignation

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The latest update is out from Allbirds ( (BIRD) ).

On September 2, 2025, Ann Freeman announced her resignation from Allbirds‘ Board of Directors, effective September 8, 2025, to become President of Foot Locker, North America. Her departure did not stem from any disagreements with Allbirds. Consequently, Allbirds informed Nasdaq that Freeman’s resignation led to non-compliance with the Nasdaq Listing Rule requiring a majority of independent directors on the board. The company has a cure period to rectify this before the next annual meeting or within a year.

The most recent analyst rating on (BIRD) stock is a Hold with a $6.50 price target. To see the full list of analyst forecasts on Allbirds stock, see the BIRD Stock Forecast page.

Spark’s Take on BIRD Stock

According to Spark, TipRanks’ AI Analyst, BIRD is a Neutral.

Allbirds’ overall stock score is primarily impacted by its weak financial performance and bearish technical indicators. Despite strategic initiatives highlighted in the earnings call, ongoing financial challenges and a concerning valuation weigh heavily on the score. The company’s efforts in product innovation and cost management provide some optimism, but significant risks remain.

To see Spark’s full report on BIRD stock, click here.

More about Allbirds

Allbirds, Inc. operates in the footwear and apparel industry, primarily focusing on sustainable and environmentally friendly products.

Average Trading Volume: 80,844

Technical Sentiment Signal: Strong Sell

Current Market Cap: $51M

See more data about BIRD stock on TipRanks’ Stock Analysis page.

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