This Birmingham medical stock takes big hit

This Birmingham medical stock takes big hit

It was mostly an unexciting day Monday on our Birmingham and Alabama Stock Report with the exception of one local medical stock taking a decent-sized hit.

GE was the biggest gainer at 2.6%.

Medical Properties Trust took the biggest loss at -7.3%. The Birmingham-based real estate investment trust focuses on health care facilities.

Overall, U.S. stocks drifted to a mixed finish Monday as Wall Street’s wild recent moves calmed a bit.

The S&P 500 added 7.64 points, or 0.2%, to 4,365.98, even though the majority of stocks within it and across Wall Street weakened. The index was coming off its best week of the year, which itself came on the heels of several months of sharp losses.

The Dow Jones Industrial Average rose 34.54, or 0.1%, to 34,095.86, and the Nasdaq composite gained 40.50, or 0.3%, to 13,518.78.