UNH - What's Going On With Medical Properties Trust Stock? | Benzinga
Medical Properties Trust, Inc. (NYSE:MPW) shares are trading higher Wednesday after the company's tenant Steward Health Care entered a deal to sell its nationwide physician network to UnitedHealth Group Inc.'s (NYSE:UNH) Optum Care unit.
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According to a report from StatNews, the sale of the doctors group is part of Steward's plan to bolster its system of 33 hospitals after the company fell behind in bills and rents.
Medical Properties shares are moving on heavy volume following the news of the sale. According to data from Benzinga Pro, more than 27.6 million shares have already been traded in the session, surpassing the stock's ...