Why Medical Properties Trust Stock Tanked 29% Today

Why Medical Properties Trust Stock Tanked 29% Today

Business
January 6, 2024 by secret
49
[ad_1] Medical Properties Trust Inc (NYSE:MPW) shares are trading lower after the company announced plans to recover uncollected rents and outstanding loan obligations from Steward Health Care System. Also, Keybanc downgraded the stock from overweight to sector weight, which has also contributed to the 30% decline in the company’s stock price. Why is this a