2024-04-22 06:00:00 ET
Summary
- Americold Realty's shares have seen modest capital gains since going public in 2018.
- COLD has experienced continued growth, but its margins are lagging behind expectations.
- The enterprise valuation has increased through dilution and increased debt, resulting in lackluster returns for investors.
It has been a long time since I looked at shares of Americold Realty ( COLD ) . In fact, it was early 2018 when the company went public, when I concluded that I was not warming up to the temperature controlled warehouse REIT....
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Americold: Leaving Investors In The Cold