Digital Brands Stock Slides 27% Despite NVIDIA Connect Program Acceptance

(RTTNews) - Digital Brands Group, Inc. (DBGI) fell 26.64 percent to $5.81 on Tuesday, dropping $2.11, even after announcing that its technology arm, Open Daily Technologies, has been accepted into the NVIDIA Connect Program. The program gives the company access to NVIDIA's AI/ML resources, engineering expertise, and global ecosystem to boost innovation across its consumer brands. The stock opened at $9.32 and traded between $5.53 and $9.50, compared with a prior close of $7.92 on the Nasdaq. Trading volume surged to 3.69 million shares, well above the average of 64,047. Digital Brands Group now trades within a 52-week range of $1.03 to $30.35.