Axalta's Self-Improvement Not Yet Fully Rewarded

Group4 Studio/E+ via Getty Images The last 18 months offer a good illustration of how corporate performance and stock market performance aren't always perfectly correlated. Axalta Coating Systems Ltd. (NYSE:AXTA) shares have appreciated about 20% since my last update, outperforming Akzo Nobel N.V. (OTCQX:AKZOY) and PPG Industries, Inc. (PPG), but lagging RPM International Inc. (RPM) and the broader industrial market despite steady progress on multiple self-improvement initiatives, including efforts to gain ...