WLYB - Why Signet Jewelers Shares Are Trading Lower By Over 12%? Here Are Other Stocks Moving In Thursday's Mid-Day Session | Benzinga
Shares of Signet Jewelers Limited (NYSE:SIG) fell sharply during Thursday's session following mixed first-quarter earnings including an 8.9% drop in same store sales.
The company reported a first-quarter FY25 sales decline of 9.5% year-on-year to $1.510 billion, missing the analyst consensus estimate of $1.514 billion. Adjusted EPS of $1.11 beat the consensus estimates of 85 cents.
Signet expects second-quarter sales of $1.46 billion – $1.52 billion, versus the consensus of $1.508 billion.
Signet Jewelers shares dipped 12.5% to $94.81 on Thursday.
Here are some other stocks moving in today’s mid-day session.
Gainers
- BioRestorative Therapies, Inc. (NASDAQ:BRTX) shares climbed 66.3% to $2.22 after the company announced that it engaged in advanced discussions for a ThermoStem license with a regenerative medicine firm.
- Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) gained 59.3% to $1.14 after the company announced that it signed a memorandum of understanding and intends to appoint Bounce Electric 1 Private as its contract manufacturing partner for sales of the i300 in India..
- Sharps Technology, Inc. (NASDAQ:STSS) shares climbed 39% to $0.4162 after the company announced that it signed a $30 million purchase order from Nephron Pharmaceuticals for prefillable copolymer syringes.
- E-Home Household Service Holdings Limited (NASDAQ:EJH) jumped 35.1% to $0.8101.
- Biomea Fusion, Inc. (NASDAQ:BMEA) gained 28% to $5.95
- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) rose 24% to $2.8999.
- Neo-Concept International Group Holdings Limited (NASDAQ:NCI) gained 23.6% to $0.8070.
- Vivani Medical, Inc. (NASDAQ:VANI) jumped 23% to $2.0050 after the company announced the FDA cleared the Investigational New Drug Application and lifted the clinical hold on NPM-119.
- NWTN Inc. (NASDAQ:NWTN) gained 22.8% to $1.84.
- Barnes & Noble Education, ...