Why Designer Brands Stock Jumped 60% Last Month : vimarsana.

Why Designer Brands Stock Jumped 60% Last Month


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Fool since 2011. I write about consumer goods, the big picture, and whatever else piques my interest. Follow me on Twitter to see my latest articles, and for commentary on hot topics in retail and the broad market.
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What happened
Shares of 
Designer Brands (NYSE:DBI) were charging higher last month. The DSW parent seemed to benefit from a number of trends, even though there wasn't much news out on the stock. Other hard-hit retail stocks also gained last month as investors looked ahead to the end of the pandemic. Designer Brands also benefited from the short-squeeze rally at the end of the month.

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