Bright Horizons (BFAM) Surges 8.4%: Is This an Indication of Further Gains?

Bright Horizons Family Solutions (BFAM) shares rallied 8.4% in the last trading session to close at $119.51. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 9.9% loss over the past four weeks.The stock has recorded this price rise as the company improves on the back of new employer launches, including Harris Health and Lonza. Higher adoption of the Backup Care benefit among eligible employees fueled the top l ...