filmov
tv
More Pain for MPW Stock

Показать описание
A stock that I've owned for roughly a year and a half, well after the company started experiencing significant issues, is Medical Properties Trust. After seeing how undervalued the company was, I decided to dedicate a small amount of my dividend portfolio, less than 2%, to holding MPW. Needless to say, it's been a roller-coaster ride ever since I first bought into this stock, and at times it's left me feeling pretty nauseous. You already know of the short reports and all the issues involving Steward Health. Last month it was announced that Medical Properties had officially cut ties with the bankrupt hospital company, which was a huge sign of relief for investors in this stock.
Over the course of about a week following the announcement, the share price of MPW soared by over 30%, reaching a 52 week high of $6.37. The boom, however, would be short lived, as new developments generated more pessimism for the medical REIT. As of today, the share price of MPW has fallen back down to where it was before the announcement regarding Steward Health officially being cut off. So today we'll take a look at some of the recent headlines regarding Medical Properties Trust, which includes insiders selling shares of their own stock, the results of a third-party investigation, and more recent negative articles on the real estate investment trust.
Комментарии