Medical Properties Trust: The Dreaded Steward Bankruptcy Is Here
MPWMedical Properties Trust(MPW) Seeking Alpha·2024-05-07 22:08

Catherine Delahaye/DigitalVision via Getty Images Article Thesis Medical Properties Trust, Inc. (NYSE:MPW) has seen its shares decline on Monday following a bankruptcy filing by one of its tenants, Steward Health Care System. While a tenant bankruptcy generally is a negative news item, MPW shares did not drop as much as the pre-market price indicated. Also, MPW continues to trade well above its 52-week-low, which could be because a Steward Health bankruptcy was not a major surprise. Let's take a look at wha ...