Why DigitalBridge Group, Inc. (DBRG) Surged Last Week

We recently published a list of These 10 Firms Are On Fire Today. In this article, we are going to take a look at where DigitalBridge Group, Inc. (NYSE:DBRG) stands against other stocks that surged yesterday.

Wall Street’s main indices were a mixed bag anew on Thursday, with the tech-heavy Nasdaq the sole loser, as investors continued to digest results of more corporate earnings and key economic data.

The Nasdaq was down by 0.18 percent. In contrast, the Dow Jones grew by 0.65 percent while the S&P 500 rose by 0.41 percent.

Beyond the major indices, 10 companies finished stronger on the back of impressive corporate earnings and planned mergers and acquisitions. In this article, we explore the specific reasons behind their surge.

To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume.

DigitalBridge Group, Inc. (NYSE:DBRG)

DigitalBridge surged by 24.40 percent on Thursday to end at $11.83 apiece—a fourth consecutive day, after news that it is being targeted for acquisition by 26North Partners.

According to circulating reports, 26North Partners is in talks with energy trader Mercuria for the potential acquisition, and a deal may already occur in the next few days. Both companies have yet to confirm or deny the reports.

DigitalBridge is a US-based company that manages, owns, and invests in digital infrastructure across the world. Its footprint includes over 60 data centers, 20 interconnection hubs spanning 30 markets, and a modular Edge data center platform. Its investments include Vantage, DataBank, Scala, AtlasEdge, AIMS, Digita, Landmark Dividend, Switch, and multiple fiber and tower firms, among others.

Overall, DBRG ranks 2nd on our list of stocks that surged last week. While we acknowledge the potential of DBRG as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than DBRG but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.