Medical Properties Trust, Inc.
|Company Name||Medical Properties Trust, Inc.|
On February 23, 2023, for fourth quarter and full year 2022, MPW disclosed an impairment of about $171 million on four properties leased to Prospect Medical Holdings as well as a write off of about $112 million in unbilled rent for the same client.
On this news, the Company’s stock price fell $0.80, or 8.7%, to close at $11.14 per share on February 23, 2023, thereby injuring investors.
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