Medical Properties Trust Soars On Positive Steward News
Medical Properties Trust(MPW) Seeking Alpha·2024-09-12 22:46Oliver Rossi/DigitalVision via Getty Images Article Thesis On Thursday, Medical Properties Trust, Inc. (NYSE:MPW) saw its shares explode upwards by 16% as the market priced in a positive development when it comes to MPW's bankrupt tenant Steward Health Care System. The two companies agreed to transfer control of MPW's real estate to MPW, which will allow MPW to transfer operations to stronger operators that will pay rent on time. MPW continues to have issues, but this deal shows that the underlying value of ...