Business
Shares in Baby Bunting Group Limited (ASX:BBN) are surging to new highs
Shares in ASX specialty baby goods retailer, Baby Bunting Group Limited (ASX:BBN), surged to a new all time high price of $5.37 last week.
Despite the market upheaval caused by COVID-19, shares in Baby Bunting have climbed over 45% higher over the last 12 months.
They are now up an astonishing 250% since bottoming out at a 52-week low of just $1.51 at the height of the COVID-19 panic selling back in March 2020.
What does Baby Bunting do?
Baby Bunting is Australia’s largest retailer of specialty baby care, maternity, and nursery products. The brand caters specifically to children under three years of age. The company operates more than 50 stores across the country and also has a strong online presence.
What has driven the…
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