Legion to Push DigitalBridge to Sell If Turnaround Falls Short [BNN Bloomberg (Canada)]
DigitalBridge Group, Inc. (DBRG)
Company Research
Source: BNN Bloomberg
infrastructure company should consider a sale if current efforts fail to deliver value to shareholders. Legion Chief Investment Officer Chris Kiper said he supports DigitalBridge's leadership under Chief Executive Officer Marc Ganzi and its moves to transform the company over the past two years. He estimates the company could triple in value in the next two years as it continues to raise new funds. But if those efforts fail to see the company's shares re-rate within the next 12 to 18 months, the company should consider a sale, Kiper said during a presentation at the Bloomberg Activism Forum Tuesday. DigitalBridge, formerly known as Colony Capital, was founded by investor Tom Barrack before he left the company last year following his arrest on federal charges alleging he unlawfully lobbied on behalf of the United Arab Emirates. He was later cleared of the charges. Meanwhile, DigitalBridge under Ganzi has been transforming from a diversified real estate investment trust to an al
Show less
Read more
Impact Snapshot
Event Time:
DBRG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DBRG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DBRG alerts
High impacting DigitalBridge Group, Inc. news events
Weekly update
A roundup of the hottest topics
DBRG
News
- Swiss Life Asset Managers Completes Investment in Telecom Infrastructure Partners Joining InfraBridge as a Key ShareholderBusiness Wire
- DigitalBridge Group, Inc. (NYSE: DBRG) had its price target raised by analysts at Truist Financial Co. from $20.00 to $22.00. They now have a "buy" rating on the stock.MarketBeat
- DigitalBridge Announces First Quarter 2024 Earnings Release and Conference Call DateBusiness Wire
- ADIA Completes Acquisition of 40% Stake in Landmark Dividend Alongside DigitalBridgeBusiness Wire
- DigitalBridge to Host Investor Day on May 13, 2024Business Wire
DBRG
Earnings
- 2/21/24 - Beat
DBRG
Sec Filings
- 4/10/24 - Form DEFA14A
- 3/22/24 - Form 3
- 3/21/24 - Form 8-K
- DBRG's page on the SEC website