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Why Signet Jewelers Stock Was Soaring This Week


Shares of Signet Jewelers (NYSE: SIG) were moving higher this week after the world's largest retailer of diamond jewelry posted better-than-expected results in its fourth-quarter earnings report, and guided to positive comparable-sales growth in the first quarter.

As of Thursday at 11:15 a.m. ET, the stock was up 20.3% for the week on the news.

Image source: Getty Images.

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Source Fool.com

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