Business
2 beaten-up infant formula ASX shares to buy
The two infant formula ASX shares in this article could be worth looking at after their share prices have dropped heavily over the last six months because of COVID-19.
There are some industries that have seen enormous growth such as e-commerce with ASX shares like Kogan.com Ltd (ASX: KGN) and Temple & Webster Group Ltd (ASX: TPW) seeing significant growth.
However, there are other ASX shares that are still lower compared to where they were 12 months ago or six months ago. The infant formula industry is one of those sectors that still appears to be suffering.
Let’s look at two of them:
The Bubs share price is down by 29% over the past six months.
If you’re not sure what Bubs does, it’s an integrated infant formula producer…
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