Key Highlights

  • Digital Brands Group (NASDAQ:DBGI) settled at USD 0.1450 on Tuesday, November 10, 2026, off 24.71% from a calculated previous close of USD 0.1926, among the heaviest decliners in a published screener snapshot of 4,625 names.
  • Volume was 3.49 million shares at a relative Volume of 0.29, implying a recent average near 12.0 million shares (calculated) and turnover of about USD 506,000 at the closing price (calculated).
  • A 1-for-40 reverse split took effect on July 24, 2026, trimming shares from about 23 million to about 575,000, yet the snapshot's Market Value of USD 135.36 thousand implies about 933,500 shares today (calculated).
  • The snapshot lists trailing diluted EPS of USD -206.58, EPS growth of +94.24%, no P/E and a 0.00% dividend yield.

What Pushed Digital Brands Group Lower on November 10 (-24.71%)

The shares of the apparel Brand owner finished the regular session at USD 0.1450, a 24.71% fall. Backing out the move gives a calculated previous close of USD 0.1926 for Monday, November 9, 2026, a decline of about USD 0.0476 per share. Volume of 3.49 million shares at a relative volume of 0.29 means activity ran about 71% below the recent average of roughly 12.0 million (calculated), yet it equalled about 3.7 times the implied share count of 933,500 (calculated). Turnover was about USD 506,000. Market value of USD 135.36 thousand compares with about USD 179.8 thousand in the prior session (calculated).

The Rationale: No Catalyst Identified, Plus a Reverse Split History

Published coverage identified no release, filing or analyst action dated November 9 or November 10, 2026, so the cause of the fall is not established. The relevant context is the 1-for-40 reverse split announced on July 17, 2026 and effective on July 24, 2026 at 12:01 a.m. ET, which cut authorized shares from 1,000,000,000 to 25,000,000 and aimed to lift the bid above USD 1.00 under Nasdaq Listing Rule 5550(a)(2). A price of USD 0.1450 is back far beneath that level. As general context, a stock sliding well under USD 1.00 soon after a split usually reflects fresh share issuance, and the implied rise from about 575,000 to about 933,500 shares is roughly 62% (calculated). These are general mechanisms, not confirmed causes.

Digital Brands Group: Valuation, Liquidity and Risks

Valuation rests on few measures. Trailing diluted EPS is USD -206.58, with the loss narrowing as EPS growth of +94.24% shows, and there is no P/E and no dividend. Third-quarter 2025 Revenue was about USD 1.7 million with a net loss near USD 3.5 million in a published summary, so the Business is far smaller than its history of losses. Risks include further dilution, a renewed Nasdaq minimum bid deficiency, ongoing funding needs and an extremely thin market. With a market value of USD 135.36 thousand, a few trades can move the price and spreads may be wide. Prices this low also produce big swings in % terms from tiny ticks, so a one-cent move equals about 7% (calculated), and the price slid from USD 0.1926 to USD 0.1450 in a single session. Nothing here suggests the move will continue.

Where Things Stand

Digital Brands Group (NASDAQ:DBGI) dropped 24.71% to USD 0.1450 on November 10, 2026 with no catalyst identified in published coverage. The fall came on 3.49 million shares, a relative volume of 0.29, from a calculated previous close of USD 0.1926, under four months after a 1-for-40 reverse split. A market value of USD 135.36 thousand and EPS of USD -206.58 mark it as a nano-cap with heavy dilution risk.