Here's Why Medical Properties Trust Stock Slumped 12% in the 1st Half of 2024

Shares of Medical Properties Trust (MPW -0.66%) declined by 12.2% in the first half of 2024, according to data from S&P Global Market Intelligence. Tenant issues and the impacts of higher interest rates continued to plague the real estate investment trust (REIT). On a more positive note, the hospital owner did take several positive steps to address those issues this year. This year started on a sour note for Medical Properties Trust. The REIT revealed in early January that its top tenant, Steward Health Car ...