Digital Brands Group Stock Nears Its 52-Week Low Despite New Revenue Growth
Digital Brands Group Inc. (NASDAQ: DBGI ) shares traded lower Monday despite the company expanding its secured U.S. program by 32% to $165 million. The decline appeared company-specific, as the Nasdaq and S&P 500 each gained about 0.7%, while the Russell 2000 rose 1.4%. DBGI’s prolonged downtrend and proximity to its 5