Business
Why these ASX shares just stormed to 52-week highs or better
Although the share market sank lower on Wednesday, that didn’t stop a number of shares from pushing higher.
Some of those shares even managed to climb to 52-week highs or better. Three that achieved this are listed below. Here’s why they are flying high this week:
Baby Bunting Group Ltd (ASX: BBN)
The Baby Bunting share price jumped to a new record high of $5.22 on Wednesday. Investors have been buying the baby products retailer’s shares this year after its strong growth continued despite the pandemic. In October the company released a trading update which revealed that its comparable store sales growth (to 2 October) was up 17% on the prior corresponding period. Excluding stores in the Melbourne metropolitan region, the…
-
General18 hours agoTrump tariffs will lead to ‘significant slowdown’ in global growth, including in Australia, says IMF
-
General21 hours agoPope funeral dates released as first images of his body released by Vatican
-
General19 hours agoStopping the colonisation of women’s rights
-
Business17 hours agoThe easy way to earn $1,000 a month in dividends from the ASX