Wednesday, March 14, 2018 1:15:08 PM
Investors ran for cover on Signet Jewelers Ltd. (NYSE:SIG) today after the mall jeweler unveiled a restructuring plan, involving the closing of 100s of stores. The stock sank sharply, dropping nearly 20% to $39.02 by early afternoon on Wednesday. Signet Jewelers Ltd. was a $150 stock in 2015, but now hovers at a fraction of that price. Big investors and traders are scoping out the chart to find the proper major buy level. Based on chart analysis and pivot points, there is major support at $33.00. While this still signals another 15% decline in price from the current levels, it will likely happen quickly based on the recent news. The $33 level could easily see a 25-50% bounce in Signet Jewelers Ltd. shares.
Gareth Soloway
InTheMoneyStocks
Recent SIG News
- SIGNET JEWELERS RAISES RECORD-BREAKING $8.75M BENEFITING ST. JUDE CHILDREN'S RESEARCH HOSPITAL® • PR Newswire (US) • 04/16/2024 12:50:00 PM
- SIGNET JEWELERS REPURCHASES 50% OF CONVERTIBLE PREFERRED SHARES AHEAD OF MATURITY • PR Newswire (US) • 04/03/2024 10:50:00 AM
- Apple Pre-Market Drop Due to Antitrust Threats, Surprising Profit Boosts Micron Shares, and Latest Market Updates • IH Market News • 03/21/2024 11:17:26 AM
- SIGNET BOARD CHAIR SUCCESSION • PR Newswire (US) • 03/20/2024 11:55:00 AM
- U.S. Index Futures Trade Sideways Amid Anticipation of Fed’s Policy Update; Oil Prices Dip • IH Market News • 03/20/2024 11:17:32 AM
- SIGNET JEWELERS REPORTS FOURTH QUARTER AND FISCAL 2024 RESULTS • PR Newswire (US) • 03/20/2024 10:50:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 12:34:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 09:42:33 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/02/2024 12:00:22 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 10:44:47 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 10:42:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/28/2024 01:36:32 PM
- SIGNET JEWELERS ANNOUNCES NEW BOARD APPOINTMENT • PR Newswire (US) • 02/28/2024 01:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 12:36:52 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/27/2024 11:18:22 AM
- SIGNET JEWELERS ANNOUNCES TIMING OF FISCAL 2024 FOURTH QUARTER EARNINGS RELEASE AND CONFERENCE CALL • PR Newswire (US) • 02/21/2024 12:30:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 09:08:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/05/2024 10:58:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/05/2024 10:58:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/05/2024 10:58:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/05/2024 10:58:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/05/2024 10:57:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/05/2024 10:57:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/05/2024 10:57:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/05/2024 10:56:48 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
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Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM