Digital Brands (DBGI) announced to solidify its long-term market footing, that it will effect a 1-for-40 reverse stock split of its common stock, par value $0.0001 per share. The reverse stock split is intended to increase the closing bid price of the common stock above $1.00 per share, and to enable the company to manage continued compliance with Nasdaq.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
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