(Yahoo Finance) Popular hedge fund stock Signet Jewelers (SIG), the owner of mall stores Kay Jeweler’s, Zales, and Jared The Galleria of Jewelry, is getting crushed after the company’s disappointing earnings results. The company reported earnings results for the first quarter ended April 30 that missed on revenue expectations. The company also reaffirmed downbeat guidance for 2017.
One of the most concentrated hedge fund bets is getting crushed
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