What’s Driven Signet Stock After Dismal Holiday Sales
Signet Jewelers (SIG) reported dismal holiday sales in the nine weeks ended December 30, 2017, and saw its stock fall ~7% on January 10, 2018. Over the past year, Signet stock has largely disappointed investors, falling ~33%. As discussed above, Signet stock has recovered by 8% in the last two trading days, despite reporting weak sales for the holiday season for a second consecutive time.