Why Medical Properties Trust Stock Skyrocketed 35.8% in February
Shares of Medical Properties Trust (MPW 4.04%) rallied 35.8% in February, according to data provided by S&P Global Market Intelligence. The hospital-focused real estate investment trust (REIT) rebounded after crashing in January. The main driver was reporting progress on its asset sale plan last month. Making progressMedical Properties Trust stumbled into 2024. The healthcare REIT disclosed in early January that its top tenant, Steward Health Care, wasn't able to resume making full rental payments due to li ...