Why Medical Properties Trust Stock Crushed the Market Today
Medical Properties Trust(MPW) The Motley Fool·2024-08-15 23:19
The company did well financially in an 11-property deal with a business partner. For numerous valid reasons, Medical Properties Trust (MPW 5.34%) has generally been an unpopular stock this year. You wouldn't know that from the real estate investment trust's (REIT) performance on Thursday, though, as its price rose by more than 5% on news of a big divestment. That performance easily topped that of the S&P 500, which increased by 1.6% on the day. A sizable asset sale Just after market hours on Wednesday, Medi ...