👟 “Fallbirds $1 stock” — Allbirds’ DTC downfall. Lunchables lead crisis. JP Morgan’s credit card signal.
✅ Vote for TBOY to win the “Best Business Podcast” Webby Award: https://vote.webbyawards.com/PublicVoting#/2024/podcasts/shows/business
Allbirds just got Wall Street’s worst warning: “Get your stock price above $1 or get delisted from Nasdaq” — So we’re looking at the great de-horning of our generation’s favorite unicorns.
JPMorgan’s earnings report is our window into your wallet — And that signal shows why 2024 will have higher interest rates, for a longer time than we hoped.
And Lunchables, the $2B lunch brand, is on the federally-subsidized public school lunch menu — But Consumer Reports says it should be off the menu, so we remind Lunchables of the “The 3 A’s of Crisis Management.”
Plus, a dog toy company just launched an airline dogs and their pawrents called “Bark Air” — $6K for NYC-to-LA? Bark twice if you’ve got a better name for this doggy airline carrier.
$KHC $JPM $BIRD
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