Why Medical Properties Trust Rallied Today
Medical Properties Trust(MPW) The Motley Fool·2024-09-12 17:13The company reached a settlement with the troubled Steward Health and inked new lease agreements with new operators for most of its facilities. Shares of Medical Properties Trust (MPW 17.84%) were rallying 16.8% in Thursday trading as of 12:45 p.m. ET. The medical property real estate investment trust (REIT) has a depressed stock price, as rising interest rates and problems with its largest tenant, Steward Health Care, forced the company to slash its dividend nearly in half over the summer -- the second 50% ...