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Our Newest Coverage Addition Looks Hot: $DTC
February 28, 2022
The most recent addition to LikeFolio’s coverage list appears to be gaining buzz..quickly.
Solo Brands, Inc. (DTC) is the parent company of swimwear brand, Chubbies, and firepit brand, Solo Stove. The company also houses the ISLE paddleboard and Oru Kayak, but Chubbies and Solo Stove dominate consumer mentions.
Speaking of which…are growing significantly: +51% YoY.
Solo Brands went public late last year but shares have since shed significant value as growth stocks sell-off.
While we expect near-term volatility for new IPOs, LikeFolio data say the market may be underestimating this name.
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