DigitalBridge stock jumps as SoftBank agrees $4 billion buyout at $16 a share

Shares Surge on Bullish Bets – DigitalBridge’s stock took investors on a wild ride, skyrocketing 13% in a single day on October 14. The rally sent DBRG to about $13.20 per share by Tuesday’s close, up from $11.65 the prior daygurufocus.com. Intraday, the stock hit highs in the mid-$13s, marking one of its largest one-day moves in recent memory. The surge was especially striking given the broader market was mostly flat-to-downreuters.com. Trading was frenzied – 4.7 million shares changed hands, almost 2X the average volume, signaling heavy buying interest. Notably, options traders piled in aggressively: over 65,000 call options were purchased, a 4,215% jump above typical volumemarketbeat.com. Such unusual call option activity indicates bullish sentiment, as traders paid a premium betting on further stock gains. Some market watchers suggested this options frenzy may have created a “gamma squeeze” dynamic, where market makers buying the stock to hedge call positions helped propel the rally even higher. No single news release explained the spike; instead, it appears to reflect growing optimism toward DigitalBridge – from anticipation of its upcoming earnings, to renewed confidence in its strategy and possibly a short-covering scramble by skeptics. The stock’s 15%+ intraday leap and elevated volume underscore