Key Highlights

  • Digital Brands Group (NASDAQ:DBGI) closed at USD 0.1450 on Tuesday, November 10, 2026, down 24.71% from a calculated prior close of USD 0.1926, among the biggest decliners in a published screener snapshot of 4,625 names.
  • Volume was 3.49 million shares, a relative Volume of 0.29, which implies 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, cutting 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 now (calculated).
  • The snapshot shows trailing diluted EPS of USD -206.58, EPS growth of +94.24%, no P/E and a Dividend Yield of 0.00%.

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

The shares of the apparel Brand owner ended the regular session at USD 0.1450, down 24.71%. Simple arithmetic gives a calculated prior close of USD 0.1926 for Monday, November 9, 2026, a drop of about USD 0.0476 per share. Volume was 3.49 million shares at a relative volume of 0.29, so activity was 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 the session before (calculated).

The Rationale: No Catalyst Identified, and a History of Reverse Splits

No release, filing or analyst action dated November 9 or November 10, 2026 was identified in published coverage, 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 authorised 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 below that level. As general context, a stock that slides well under USD 1.00 soon after a split usually reflects new 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.

Valuation, Liquidity and Risks for Digital Brands Group

Valuation rests on few measures. Trailing diluted EPS is USD -206.58, with the loss narrowing as shown by EPS growth of +94.24%, 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 small number of trades can move the price and spreads can be wide. Share prices this low also carry wide swings in % terms from tiny price ticks, so a one-cent move equals about 7% (calculated), and the price has fallen from USD 0.1926 to USD 0.1450 in one session. Nothing here implies the move will continue.

Where Things Stand

Digital Brands Group (NASDAQ:DBGI) fell 24.71% to USD 0.1450 on November 10, 2026 with no catalyst identified in published coverage. The drop came on 3.49 million shares, a relative volume of 0.29, from a calculated prior close of USD 0.1926, less than 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.