Stock Market Alert - BABY had a strong day on Friday, trading up almost 7% on the session to close at $21.02 after the company priced a four million share secondary. Volume was much higher than usual, with over 1.8 million shares of the stock changing hands, compared to a normal daily average volume of 320k shares. The stock flirted with a new 52 week high, coming within 40 cents of the mark before pulling back and closing at $21.02. BABY priced four million shares of their stock at $19.40. Their offering was led by Cowen and Company LLC and UBS Investment Bank. BABY currently has a market cap of just over $480 million dollars.
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