Take A COLD Bite Of Americold Realty Trust
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Americold Realty Trust, the largest tradeable cold-storage REIT, has underperformed due to management miscalculations and excess capacity. The cold-storage industry is promising long-term, but Americold's new leadership may face pressure to improve results.
November 11, 2024 | 5:00 pm
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Americold Realty Trust has underperformed due to management miscalculations and excess capacity. The new leadership team may face pressure to improve results or be replaced.
The article highlights Americold's underperformance due to management issues and excess capacity, which are likely to negatively impact the stock price in the short term. The new leadership's pressure to improve results adds uncertainty.
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RELEVANCE 100