Digital Brands Group, Inc. - Common Stock (DBGI)

EQNX::TICKER_START (NASDAQDBGI),NYSE:DTCNYSEDTC)(NYSE:AKANYSEAKA,(NYSE:WRBYNYSE),(NASDAQ:BIRDBIRD) EQNX::TICKER_END

Stocks fell Monday on fears that the Federal Reserve may continue tightening until it steers the economy into a recession. The Dow Jones Industrial Average fell by 545 points, or 1.6%, while the S&P 500 and Nasdaq Composite slid by 2% and nearly 2.1%, respectively. Tesla (NASDAQTSLA) shares shed about 6% on reports of an output cut at its Shanghai factory, while Macao-linked casino stocks gained on hopes of easing Covid-19 restrictions. VF Corp NYSE:VFCNYSEVFC)(NASDAQ: DBGINASDAQDBGI and EHang Holdings Ltd (NASDAQ:EHNASDAQ) that surged more than 30% and 25% respectively.

Digital Brands Group, Inc. (NASDAQ: DBGI, $DBGI) stock is catching a bid, up about 10% over the past week. And the better news is that there could be plenty more of the bullish bias in the coming weeks after $DBGI updated investors that its acquisition of Sundry should close next quarter and require less cash and equity to complete the transaction.

Digital Brands Group, Inc. (NASDAQ: DBGI, $DBGI) stock has had a rough ride of late. Then again, few stocks, especially those in the small-cap arena, have been spared from recent market carnage. And that has led to impressive companies, despite being in hypergrowth mode, getting a much more severe beatdown than deserved. Digital Brands Group is one of them.

Though investors can look to market trends to predict activity happening around certain firms and sectors, market valuations are a flawed system that often misrepresent the potential of a company. While this can be considered an imperfection in the system, it can also present golden opportunities for watchful investors to swoop in on a low-valued stock with great promise for growth. This seems to be precisely the case with Digital Brands Group, Inc. (NASDAQDBGI ). Fresh off a record-breaking year and with a robust pipeline at its disposal, Digital Brands looks to be positioned for a breakout year in 2022.

Digital Brands Group, Inc. (NASDAQDBGI ) stock ripped higher after reporting a 766% surge in E-commerce revenues during January and February of this year. That comparative increase is more than indicating that its digitally-focused sales model is working; it's also a signal that DBGI is in hyper-growth mode. In fact, while those two-month totals pounced their 2021 three-month comparable, the revenue generated in March will add extra distance from last year's precedent. Thus, while investors may be taking profits after a more than 91% surge since Friday, one thing is clear- DBGI's update is not a sell-the-news event.

Looking for a massively undervalued stock? Check out Digital Brands Group, Inc. (NASDAQDBGI ), a digitally focused apparel company proving that being a trendsetter has its advantages.On Monday, DBGI announced a 766% surge in its comparative YoY E-Commerce January and February revenues. Shares rallied on the news, and since Friday are higher by more than 84% to $1.84 from its intraday low last Friday. Keep in mind, too, its comparable gains come during a traditionally lowest quarter in a seasonally affected sector. Thus, while DBGI is accelerating growth today, it's expected to gain more momentum in the next three quarters. (* share price at 2:37pm EST, Yahoo! Finance)

Digital Brands Group, Inc. (NASDAQDBGI) is adding more firepower to its digitally-focused apparel brand portfolio. This time, it's on the payments side, with DBGI announcing that it's launching an exclusive DSTLD branded offer on the recently upgraded Google Pay App.

Share price representation is imperfect. In fact, even at its best, it's flawed. Need an example of that imperfection? Look no further than Digital Brands Group, Inc. (NASDAQDBGI). DBGI posted a record-setting quarter in November, presented decidedly bullish guidance, and foretold an acquisition that is planned to come sooner than later. And noting that the audit necessary to complete that purchase is complete, that deal can close in a matter of days. That's a value driver in and of itself. 

Digital Brands Group, Inc. (NASDAQDBGI) posted a record-setting quarter on Thursday. But just as important, its guidance was decidedly bullish. In fact, those that listened to the call likely came away with a common theme- DBGI stock is appreciably undervalued. Details support that presumption.

Digital Brands Group, Inc. (NASDAQDBGI) stock was higher by about 35% since the middle of August. But, after announcing earnings earlier this morning, that number jumped to 65%. And deservedly so. DBGI generated $2.2 million in revenues, a roughly 75% increase over the prior quarter. Better still, guidance is bullish, with DBGI CEO Hil Davis expecting to double revenues again in Q4 to at least $4 million.

Digital Brands Group, Inc. (NASDAQDBGI) is many things. An innovator, a brand development company, owner of a luxury lifestyle collection of digital-first brands, and now an acceptor of cryptocurrency. The last part may sound almost ordinary to many, but it's not. Despite the headlines, only a tiny fraction of retailers accept the digital currency. Those that do tend to attract a broader audience. And it's that larger market that DBGI is focusing on.

Digital Brands Group, Inc. (NASDAQDBGI) is proving many things. But one thing in particular- its stock tends to run furiously higher on news. In fact, tracking its press releases since its IPO, DBGI shares can run triple-digit-percentages higher intraday. Last month, after announcing robust increases in E-commerce sales, DBGI stock skyrocketed by over 119% before settling down about 25% higher on the day. Since then, it's held its gains, following the ebb and flow of the markets in a consolidation pattern. The excellent news for DBGI investors, though, is that another update could be imminent. 

Digital Brands Group, Inc. (NASDAQDBGI) stock continues to trend higher, increasing more than 8% higher since the start of last month. On Thursday, investors were provided at least one of the reasons for the impressive growth- a surge in e-commerce revenues. And not just a trivial amount. E-Commerce sales for its Bailey's 44 apparel brand, for instance, surged by more than 376% year-over-year. That's not all.

Digital Brands Group, Inc. (NASDAQDBGI) stock soared by more than 53% after raising its fiscal 2022 revenue guidance. And that guidance increase wasn't a token number, either. It was an exponential increase, with a pre-market release on Tuesday indicating DBGI expects to post FY revenues between $37.5 million and $42.5 million, an increase of 350% from previously published 2021 revenue expectations. Better still, those revenues are expected to meet positive EBITDA in FY 2022 as it leverages its shared services platform. Hence, DBGI stock has been put in play.

Digital Brands Group, Inc. (NASDAQDBGI) shares turned higher on Tuesday after announcing it closed its planned acquisition of Stateside apparel. Shares jumped more than 9% pre-market and continued to move higher in the regular session. It's an acquisition that was expected to happen. Nonetheless, now that DBGI closed the deal, investors are rallying around how its new source of revenues will impact DBGI going forward. Obviously, investors are bullish on its prospects; DBGI, too, expects the latest brand to be immediately accretive to operations in Q3 and fiscal 2021. Better still, a new $17.5 million equity purchase agreement announced in the same release should fuel DBGI's acquisition strategy in the back half of this year.

Digital Brands Group, Inc. (NASDAQDBGI) shares are doing what they should be doing- consolidating after an impressive run that has priced shares more than 30% higher since its IPO. And that consolidation is good news for investors wanting higher lows to trade from when DBGI closes its expected and likely imminent acquisition of Stateside apparel. Indeed, consolidation at these $5.20* levels is a decidedly bullish indicator. (* price at 10:30am est, 7/21/21)

Digital Brands Group, Inc. (NASDAQDBGI) shares surged 67% intraday on Thursday to $8.80 on massive volume after the company guided for an expected 100% increase in revenues on a sequential basis. The better news is that the increase still only accounts for about seven weeks of its Harper & Jones acquisition revenues. Better still, its planned acquisition of Stateside clothing could be near its closing, adding yet another substantial revenue stream to its expanding brand portfolio. Thus, on a revenues multiple, DBGI may conceivably be undervalued even at its $8.80 level. 

Although Digital Brands Group, Inc. (NasdaqGS: DBGI) stock is giving back part of its 76% June run, a consensus is building that this may be the wrong time for investors to take profits. In fact, while taking money off the table is usually not a bad strategy, there are times better suited for doing so. With a planned acquisition of Stateside expected in the coming weeks, maybe even days, now may not be the best time to sell DBGI.

Digital Brands Group, Inc. (NasdaqGS: DBGI) stock is trading higher by more than 80% since its May IPO*. And investor sentiment appears to be firm to the upside. In fact, buyers stepped up on Monday, exercising rights to purchase an additional 361,445 shares in the company at $4.15 per share. That officially closes the over-allotment portion of the IPO and, when tallied to the original proceeds, provides DBGI with $11.5 million before underwriting expenses to expand operations. (* share price at $7.31 at 9:54 est)

Digital Brands Group, Inc. (NasdaqGS: DBGI) CEO Hil Davis made a point of telling investors after posting Q1 results on Monday that DBGI is a tale of two companies- Pre-IPO and Post-IPO. And with shares higher by 19%* since its IPO, investors appear to be siding with the latter. Better still, despite the massive logistical and economic headwinds created by COVID-19, DBGI has guided for growth in the coming three quarters, with contributions from Harper & Jones, Bailey 44, and DSTLD adding more robustly to revenues. (* share price percentage calculated with shares trading at $4.96 at 10:46 EST 6/28/21)

Grays Peak Capital, a Global Investment Firm, announced the successful listing of portfolio compa-ny, Digital Brands Group, Inc. (NASDAQDBGI) on the NASDAQ

After completing its recent IPO, Digital Brands Group, Inc. (NasdaqGS: DBGI) made clear that it will be intensifying its mission to acquire compelling and complementary brands to add to its growing brand portfolio. So far, management has delivered. In fact, its acquisition of leading elevated basics brand, Stateside, is likely the beginning of what could be an extraordinary period of growth for DBGI in the back half of this year. And investors are buying into the story, sending shares higher by 24% month-to-date in June*. Better still, with DBGI showing it knows how to build value through savvy acquisitions, the stock appears to be on its way toward reclaiming its February IPO high of $5.10 per share, which could deliver a roughly 44% gain from current levels. (*price percentage change calculated on 6/22/21 at $3.54 per share)

Although Digital Brands Group, Inc.'s (NasdaqGS: DBGI) more than 15% June surge is impressive, recent updates suggests that the move could be the start of an even bigger advance into the back half of 2021. In fact, with its high-margin high-profit business model already churning revenues, DBGI could do more than create shareholder value...they can influence change to a billion-dollar industry. 

Digital Brands Group, Inc. (NasdaqGS: DBGI) is on a mission to change the rules for how high-fashion is sourced, created, and sold. And with its recent $10 million IPO complete, those changes can come sooner rather than later.