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Bird Global Inc - BRDS STOCK NEWS

Welcome to our dedicated news page for Bird Global (Ticker: BRDS), a resource for investors and traders seeking the latest updates and insights on Bird Global.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bird Global's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Bird Global's position in the market.

News
Bird Enters into Comprehensive Restructuring Support Agreement with First- and Second-Lien Lenders to Strengthen Financial Position
Rhea-AI Summary
Bird Global, Inc. (OTCQX: BRDS) has entered a financial restructuring process to strengthen its balance sheet and position the company for long-term, sustainable growth. The company will operate as usual during this process, maintaining the same service for its riders and upholding its commitments to partner cities, fleet managers, and employees. The restructuring has unanimous support from first- and second-lien lenders, with Apollo Global Management and second-lien lenders providing $25 million in DIP financing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-79.93%
Tags
none
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News
Bird Commences Micromobility Operations at Barksdale Air Force Base in Louisiana
Rhea-AI Summary
Bird Global, Inc. launches state-of-the-art escooters at Barksdale Air Force Base in Louisiana
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.73%
Tags
none
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News
Bird Partners with Rock the Vote to Boost Voter Turnout and Civic Engagement
Rhea-AI Summary
Bird Global, Inc. partners with Rock the Vote to boost voter turnout and civic engagement. On Election Days in markets Bird operates, residents can use a promotional code in the Bird app to unlock two complimentary 30-minute rides. The collaboration aims to break down transportation barriers and ensure every voice can be heard at the ballot box. This partnership will officially kickoff for the Memphis election on Thursday, Oct. 5th. Both organizations urge everyone to check their voter registration and cast their votes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.12%
Tags
partnership
News
Bird Announces Suspended NYSE Trading, Will Begin Trading on the OTC Exchange Effective September 25, 2023
Rhea-AI Summary
Bird Global, Inc. receives notice of NYSE delisting but intends to appeal. Stock will trade on OTC exchange in the meantime. Company remains committed to compliance and improving financial performance. Recent acquisition of Spin expected to strengthen prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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none
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News
Bird Acquires Spin, Now North America’s Largest Micromobility Operator By Market Share
Rhea-AI Summary
Bird acquires Spin for $19 million, becoming the largest micromobility operator in North America. Spin delivered $45 million in net revenue for the past 12 months, bringing the combined net revenue for Bird and Spin to approximately $265 million. The acquisition is expected to have upwards of $20 million in synergies and be immediately accretive to earnings. Bird plans to expand operations in profitable markets such as Baltimore, Salt Lake City, and Washington D.C.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
103.7%
Tags
acquisition
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News
Bird Global Promotes Hunter Gray to Chief Technology Officer
Rhea-AI Summary
Bird Global promotes Hunter Gray to Chief Technology Officer, highlighting his leadership and tech initiatives. Gray's role will strengthen Bird's position in the micromobility sector and commitment to sustainability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.67%
Tags
none
News
Bird Global Appoints H. Joseph Prodan as CFO
Rhea-AI Summary
Bird Global, Inc. appoints H. Joseph Prodan as CFO, effective August 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.02%
Tags
management
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News
Bird Soars to New Heights with Remarkable Summer Ridership
Rhea-AI Summary
Bird riders clocked nearly 16 million miles over the summer season with 11 million rides taken; 1.2 million new users turned to micromobility to get around
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.65%
Tags
none
-
News
Bird Celebrates Back to School with New Ride Pass For College Students
Rhea-AI Summary
Bird Global, Inc. announces Back to School Ride Pass for college students, offering a 25% discount on unlimited rides for $2.50 in September. Campus ridership is up 160% for first-time riders and rides are up 260% in the first ten days of the school year. 'First 5 Minutes Free' promotion returns for Labor Day weekend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.7%
Tags
none
News
Bird Scooters Takes Flight in South Miami, Offering a Regional Commuting Solution
Rhea-AI Summary
Bird Global, Inc. (NYSE:BRDS) expands into South Miami, offering affordable and eco-friendly transportation alternatives through scooters and public transit.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.7%
Tags
none
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Bird Global Inc

OTC:BRDS

BRDS Rankings

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BRDS Stock Data

1.34M
10.99M
10.25%
11.08%
8.08%
General Freight Trucking, Local
Transportation and Warehousing
Link
United States
Miami

About BRDS

reliable last mile electric transportation for everyone.