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Why Medical Properties Trust Plunged Today

TheMotleyFool

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Why Medical Properties Trust Plunged Today: https://g.foolcdn.com/editorial/images/754736/a-hand-pointing-at-a-digital-board-that-says-reit.jpg

Shares of Medical Properties Trust (NYSE: MPW) fell hard on Friday, down 8.6% on the day.

The hospital-focused real estate investment trust (REIT) has been absolutely hammered this year, as quickly rising interest rates have not only hurt valuation, but also forced the company to grow at a slower pace and attempt to de-lever the business with asset sales.

While some may be hoping for a recovery, one analyst downgraded the stock again today, adding insult to injury.

Source Fool.com

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