bullish
Can Bird Soar Once Again?
SUMMARY
- Micromobility Operator Bird Global has gone through a roller coaster ride over the past five years, having a prominent rise followed by a massive collapse recently.
- An influx of competitors, resurgence in the pandemic and seasonality combined with supply chain shortages and record inflation has dented the company’s stock.
- With a likelihood of a prolonged recession on the horizon, can Bird re-focus its priorities to stop the cash burn and turn its business around?
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