Signet Jewelers stock sinks 21% after cutting Q4, 2024 forecasts

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Josh Lipton and Julie Hyman

Tue, Jan 14, 2025, 1:29 PM

Signet Jewelers (SIG) — which also owns jewelry chains Zales and Kay Jewelers — shares are plummeting by over 21% after slashing its full-year and fourth quarter outlook. Market Domination hosts Josh Lipton and Julie Hyman highlight the disappointing stock performance as the company has seen a 40% drop in share value over the past year.

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This post was written by Josh Lynch