Why Medical Properties Trust Stock Tumbled Nearly 18% in June

·2 min read

Shares of Medical Properties Trust (NYSE: MPW) slumped 17.8% in June, according to data provided by S&P Global Market Intelligence. Analysts have concerns about the hospital-focused real estate investment trust's (REIT) ability to continue growing amid higher interest rates and its falling stock price. J.P. Morgan analyst Michael Mueller downgraded the bank's rating on Medical Properties Trust from overweight to neutral in June.

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