Avient (AVNT) Names A New CEO, Is The Stock Trading At A 23% Discount?

Avient (AVNT) is drawing fresh attention after its board named Mike Frank as chief executive officer and president in early October, pairing that leadership change with a sixteenth consecutive annual dividend increase. Recent price action suggests investors are reassessing Avient. The share price is down 4.8% over the past month but up 5.4% over 90 days and 22.9% year to date, while the 1 year total shareholder return of 28.2% points to building momentum around the leadership changes and...