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Why Signet Stock Tumbled Today

TheMotleyFool

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Shares of Signet Jewelers (NYSE: SIG) were taking a dive after the company gave a disappointing update to the key holiday quarter and cut its forecast for the fourth quarter.

As a result, the stock was down 25.6% on the news as of 11:47 a.m. ET.

Image source: Getty Images.

Source Fool.com