Signet Jewelers Posts Better-Than-Expected Earnings, Joins NETGEAR, Lovesac And Other Big Stocks Moving Higher On Thursday

U.S. stocks were mixed, with the Dow Jones index falling around 50 points on Thursday.

Shares of Signet Jewelers Limited SIG rose sharply during Thursday's session after reporting better-than-expected second-quarter earnings and stronger than anticipated third-quarter revenue outlook.

Signet reportedasecond-quarter sales decline of 7.6% year-on-year to $1.49 billion, missing the analyst consensus estimate of $1.50 billion. Adjusted EPS of $1.25 beat the analyst consensus estimate of $1.14.

Signet Jewelers shares jumped 18.8% to $92.83 on Thursday.

Here are some other big stocks recording gains in today's session.

• NETGEAR, Inc. NTGR shares jumped 31.3% to $20.93 after the company disclosed a settlement agreement with TP-Link Systems and raised its third-quarter revenue guidance.
• The Lovesac Company LOVE gained 24.7% to $26.23 after the company reported better-than-expected quarterly EPS results.
• Summit Therapeutics Inc. SMMT climbed 21.5% to $27.57 after the company announced it raised $235 million in net proceeds.
• Petco Health and Wellness Company, Inc. WOOF rose 21% to $4.9301. The company recently company reported second-quarter financial results.
• LiveWire Group, Inc. LVWR rose 15.2% to $6.49.
• JBDI Holdings Limited JBDI surged 14% to $24.14.
• Byrna Technologies Inc. BYRN gained 13% to $16.29.
• Coeur Mining, Inc. CDE climbed 12.7% to $6.48. Coeur announced achievement of key milestones at expanded Rochester Mine.
• B2Gold Corp. BTG gained 11.1% to $3.0450.
• NANO Nuclear Energy Inc. NNE rose 8.8% to $11.79.
• Equinox Gold Corp. EQX climbed 7.3% to $6.06.
• Medical Properties Trust, Inc. MPW rose 7.1% to $5.16 after the company announced it reached a global settlement agreement that restored its control over its real estate and severed its relationship with Steward Health Care.
• Warner Bros. Discovery, Inc. WBD gained 7.1% to $7.44.

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