Americold Realty Trust, Inc. (COLD)
US — Real Estate Sector
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3 Stocks to Hedge Against Inflation's Persistence
COLD,
COP,
FSLR
Published: February 17, 2025 by: MarketBeat
Sentiment: Neutral
Published: February 17, 2025 by: MarketBeat
Sentiment: Neutral
Inflation is officially back—and it's at its fastest pace since September 2023. According to the latest Consumer Price Index data, consumer prices rose 0.5% from December, resulting in an annual inflation rate of 3% for the 12 months that ended in January.
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About Americold Realty Trust, Inc. (COLD)
- IPO Date 2018-01-19
- Website https://www.americold.com
- Industry REIT - Industrial
- CEO Robert Scott Chambers
- Employees 13755
Americold is the world's largest publicly traded REIT focused on the ownership, operation, acquisition and development of temperature-controlled warehouses. Based in Atlanta, Georgia, Americold owns and operates 185 temperature-controlled warehouses, with over 1 billion refrigerated cubic feet of storage, in the United States, Australia, New Zealand, Canada, and Argentina. Americold's facilities are an integral component of the supply chain connecting food producers, processors, distributors and retailers to consumers.