10 Stocks Boasting the Biggest Gains; 4 Hit Record Highs

8. Americold Realty Trust, Inc. (NYSE:COLD)

Americold Realty rallied for a second day on Wednesday, jumping 10.39 percent to close at $12.43 apiece as investor sentiment was bolstered by a broader market optimism coupled with its reaffirmation of growth outlook for 2025.

The company mirrored a broader market sentiment fueled by the Federal Reserve’s implementation of a 25-basis-point rate cut for the year.

Additionally, investors took heart from Americold Realty Trust, Inc.’s (NYSE:COLD) reaffirmation of its growth outlook for the full fiscal year of 2025.

At the Nareit REITworld: 2025 Annual Conference, which concluded on Wednesday, Americold Realty Trust, Inc. (NYSE:COLD) said that warehouse segment same-store revenue growth was expected to drop by 4 percent or remain flat year-on-year. Net operating income was projected to be 50 to 100 basis points lower than associated revenues.

In the third quarter of the year, the company widened its attributable net loss by 207 percent to $11.37 million from $3.7 million in the same period last year.

Total revenues dipped by 1.5 percent to $663.7 million from $674.17 million year-on-year, primarily due to lower volumes in the warehouse segment and a decrease in transportation revenue.

Core EBITDA stood at $148.3 million, lower by 5.66 percent than the $157.2 million year-on-year due to lower volumes in the warehouse segment and an increase in Selling, general, and administrative costs.