Bird Global, Inc.
|Company Name||Bird Global, Inc.|
In November 2021, Bird Rides, Inc. and Switchback II Corporation, a special purpose acquisition company, closed a business combination, and the combined company was renamed Bird Global, Inc.
On March 15, 2022, Bird announced its fourth quarter and full year 2021 financial results in a press release. The Company also announced that first quarter 2022 revenue would be in the range of $34 to $36 million, below estimates of $48.8 million, and that fiscal 2022 revenue would be “at least $350 million.”
On this news, the Company’s stock price fell sharply during afterhours trading on March 15, 2022.
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