Why Shares of Medical Properties Trust Slumped on Tuesday
The Motley Fool
AUGUST 8, 2023
What happened Shares of Medical Properties Trust (NYSE: MPW) were down more than 12% as of 11 a.m. on Tuesday after the company released second-quarter earnings. The healthcare stock is down more than 21% this year. So what Medical Properties Trust is a real estate investment trust ( REIT ) that specializes in hospital properties. The company's second-quarter report showed a revenue decline and a net income loss.
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