RTTNews | Sep 21, 2021 12:01PM EDT

12:01 Tuesday, September 21, 2021 (RTTNews.com) - Shares of Americold Realty Trust (COLD) are down 5 percent on Tuesday's trading as the company lowered its full year 2021 AFFO guidance, impacted by the pressures on present market conditions, mainly due to unprecedented labor disruptions.

For full year 2021, the company now expects its AFFO per share between $1.15 to $1.20, compared to its earlier range of $1.34 to $1.40.

Americold said that the labor disruptions are impacting food production, which are driving inflation in its cost structure, mainly in its labor expense.

Currently at $32.34, the stock has traded between $32.28 and $40.85 during the past 52 weeks.

Read the original article on RTTNews ( https://www.rttnews.com/3227224/americold-realty-shares-down-5-on-lowered-fy21-guidance.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved