Medical Properties Trust, Inc. ( MPW ) shares are trading higher Monday after the company announced it has sold its majority interest in five Utah Hospitals. The Details: Medical Properties Trust ( MPW ) announced on Friday that it has sold its interests in five Utah hospitals to a newly formed joint venture while MPT retained an approximate 25% interest...

10:26 AM EDT, 04/15/2024 (MT Newswires) -- Medical Properties Trust ( MPW ) shares jumped more than 19% in recent trading on Monday after announcing late Friday that it has sold its majority stake in five Utah hospitals to a new joint venture with an investment fund linked to an unnamed asset manager. The company is keeping an about 25%...

Neumora Therapeutics Inc ( NMRA ) shares plummeted after the FDA placed a clinical hold on the company’s Phase 1 trial of NMRA-266. NMRA-266 is a positive allosteric modulator (PAM) of the M4 muscarinic receptor and is part of the Company’s M4 PAM franchise.  The clinical hold determination follows recently available preclinical data showing convulsions in rabbits. Following this action, the Phase...

10:18 AM EDT, 04/15/2024 (MT Newswires) -- (Updates to add stock move in the headline and the first paragraph.) Tesla (TSLA) shares were 3.5% lower in recent trading Monday after multiple media outlets reported that the company has told employees in an internal email that it plans to lay off more than 10% of its workforce worldwide. We have done...