Signet Jewelers Stock No Diamond In The Rough At 52-Week Lows, New Short Report Says 'Business To Suffer Significantly'

Diamond jewelry retailer Signet Jewelers SIG is the subject of a new short report that comes as shares trade near 52-week lows after the company lowered fourth-quarter guidance.Here's why The Bear Cave predicts more trouble ahead.Signet's Increased Competition: The latest Bear Cave short report targets the diamond jewelry company on the thesis that lab grown diamonds will continue to cut into Signet's market share."The Bear Cave believes today's youth and future generations will shift towards lab-grown diam ...