Gladstone Land (LAND) Provides Business Update
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Gladstone Land Provides Business Update
October 6, 2022 4:16 PM EDTMCLEAN, VA / ACCESSWIRE / October 6, 2022 / Gladstone Land Corporation (Nasdaq: LAND) ("Gladstone Land" or the "Company") announced that, in light of the recent price volatility of its common stock (largely consistent with the overall market), it is providing the following business update:
Inflation Hedge: With inflation continuing to hover near the highest rates seen in over four decades, farmland continues to act as a strong hedge against inflation. According to the U.S. Bureau of Labor Statistics, CPI grew at an annual rate of 8.3% through August 2022. However, food... More
