Recent IPO Gladstone Land (LAND) rose 3.5% following earnings and a bullish conference call yesterday (transcript). The company owns but does not operate farmland, instead leasing it to farmers. Now public, the company's ending lease dates are a matter of record, and CEO Dan Gladstone says bidding wars are breaking out. "The bids that they're talking about are extremely high. They''re even higher than the numbers that we've been using as possible renewal numbers."
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