What's moving markets today: Live updates - CNN

Signet Jewelers (SIG), which owns retailers Jared, Zales and Kay, is glittering despite less-than-shiny sales.

Shares jumped as high as 7% in premarket trading despite reporting a 1.3% drop in sales across all of stores opened more than a year.

Piercing Pagoda was the brightest spot for Signet, where sales leapt 13.5%. It also slightly cut its full-year outlook because of "softening retail traffic."

But the stock jumped because it reported a profit that was above analysts' expectations.

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https://www.cnn.com/business/live-news/stock-market-news-today-060619/index.html

2019-06-06 13:57:00Z
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