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Signet Posts Upbeat Earnings, Joins Ferguson Enterprises, Dollar General And Other Big Stocks Moving Higher On Tuesday

Benzinga·06/03/2025 15:02:47
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U.S. stocks were higher, with the Nasdaq Composite gaining around 100 points on Tuesday.

Shares of Signet Jewelers Limited (NYSE:SIG) rose sharply during Tuesday's session after the company reported better-than-expected first-quarter financial results and raised its FY26 guidance.

The company posted revenue of $1.54 billion, a 2% increase from the prior year, surpassing analysts' consensus estimate of $1.49 billion. Adjusted EPS of $1.18 beat the consensus estimate of $1.07.

Signet Jewelers shares jumped 12.1% to $74.89 on Tuesday.

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

  • Credo Technology Group Holding Ltd (NASDAQ:CRDO) shares jumped 23.1% to $77.29 following upbeat quarterly results.
  • Venture Global, Inc. (NYSE:VG) gained 19.3% to $14.08.
  • Ribbon Communications Inc. (NASDAQ:RBBN) gained 18.5% to $4.15 after the company announced a $50 million stock repurchase program.
  • CoreWeave, Inc. (NASDAQ:CRWV) gained 18.4% to $142.37 on possible continued strength following its data center deal announced yesterday with Applied Digital.
  • Venture Global, Inc. (NYSE:VG) gained 16.7% to $13.77.
  • LiveWire Group, Inc. (NYSE:LVWR) rose 15.3% to $4.3801.
  • Energy Fuels Inc. (NYSE:UUUU) surged 15% to $5.61 after the company reported record Uranium production, announced it expanded its resource base based on a technical report of its Bullfrog project in Utah, and is engaging with consultants for an accelerated permitting process with regulators in New Mexico.
  • MoonLake Immunotherapeutics (NASDAQ:MLTX) gained 14.8% to $47.27 following reports that Merck is looking to acquire the company in a deal valued at over $3 billion.
  • Ferguson Enterprises Inc. (NYSE:FERG) rose 13.6% to $204.82 following better-than-expected quarterly results.
  • Dollar General Corporation (NYSE:DG) jumped 13.5% to $110.24 after the company reported first-quarter 2025 earnings on Tuesday.
  • Sunrun Inc. (NASDAQ:RUN) rose 13.2% to $8.08.
  • Sitio Royalties Corp. (NYSE:STR) surged 13.2% to $19.61 after an announcement that Viper Energy will acquire the company through a $4.1 billion all-equity deal.
  • enCore Energy Corp. (NASDAQ:EU) gained 12.5% to $2.1601.
  • Kymera Therapeutics, Inc. (NASDAQ:KYMR) rose 11.4% to $48.06 after Morgan Stanley and B. Riley Securities upgraded the stock to Overweight and Buy, respectively. Additionally, the company received several price target increases.
  • Algonquin Power & Utilities Corp. (NYSE:AQN) gained 11.1% to $5.96 after the company provided adjusted EPS guidance from 2025 through 2027.
  • Joby Aviation, Inc. (NYSE:JOBY) rose 9.4% to $8.20 after the company signed an MOU with Abdul Latif Jameel of Saudi Arabia to explore opportunities in establishing a distribution agreement.
  • Guardant Health, Inc. (NASDAQ:GH) jumped 9% to $45.89. The FDA granted Guardant Health’s Shield Multi-Cancer Detection Test Breakthrough Device Designation.
  • TTM Technologies, Inc. (NASDAQ:TTMI) gained 7.1% to $31.94.

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