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National Storage Sees Big Insider Stock Buys

Por: MarketWatch Business December 26, 2022

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Baird analyst Wesley Golladay wrote in a Dec. 2 research report that the company has been hurt by two trends. One is that occupancy rates at its facilities, while still elevated from prepandemic levels, have slipped every quarter this year as Covid-19 lockdowns have eased. Another is that National Storage has above-average leverage and high exposure to variable-rate debt in a rising-rate environment. Golladay also noted that the company’s pace... + full article



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