Why Medical Properties Trust Plunged Today

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.

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Source Fool.com