Why Medical Property Trust's Stock Crashed 55% in 2023
MPWMedical Properties Trust(MPW) The Motley Fool·2024-01-15 23:43

Shares of Medical Properties Trust (MPW -2.83%) plummeted 55.9% in 2023, according to data from S&P Global Market Intelligence. The real estate investment trust (REIT) battled several headwinds last year, including financially challenged tenants and rising interest rates. Those issues forced the hospital owner to slash its dividend. Unfortunately, the healthcare REIT's headwinds haven't gone away this year, which has put additional pressure on its stock price. Battling a barrage of issues Two of Medical Pro ...