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…
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