And with its ambition to grow faster through smart and accretive acquisitions, clawing back to and exceeding 52-week highs may be closer than many think.
Right Business, Right Time
Indeed, Digital Brands Group stock is on a roll. However, the great news is that momentum is at the company's back. Better still, with its IPO complete, having a stable of excellent brands with more on the way, and its industry expertise, DBGI appears better positioned than ever to capitalize on emerging market opportunities.
Thus, it's hard to disagree with the investors responsible for sending shares substantially higher in June. Perhaps they recognize that the DBGI sales model, brand portfolio, and acquisition strategy align to create an online apparel company with the potential for exponential near and long-term growth.
Indeed, DBGI has the means, money, and methods to meet that expectation, making shares more than ripe for investment consideration at current levels.
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