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Medical Properties (MPW) Moves 16.2% Higher: Will This Strength Last?
MPWMedical Properties Trust(MPW) ZACKS·2024-09-13 14:36

Medical Properties (MPW) shares soared 16.2% in the last trading session to close at $5.60. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 3% gain over the past four weeks. The increased investor optimism in the stock can be attributed to its recent announcement of reaching an agreement with Steward Health Care System, its secured lenders and the Unsecured Creditors Committee. This agreement reinstates MPW's control over its rea ...