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Why Medical Properties Trust Stock Skyrocketed 30% in September
MPWMedical Properties Trust(MPW) The Motley Fool·2024-10-03 10:34

The REIT finally found a solution to a major tenant issue. Shares of Medical Properties Trust (MPW -3.64%) leaped 30% in September, according to data provided by S&P Global Market Intelligence. The catalyst was a deal to take control of its real estate from its troubled leading tenant, Steward Health Care. The arrangement enabled the real estate investment trust (REIT) to lease several of those properties to new tenants. Putting its relationship with Steward in the past Medical Properties Trust reached a gl ...