Birmingham medical stock has big day
A good day on Wall Street amounted to several decent gains Wednesday at the top of our Birmingham and Alabama Stock Report.
Medical Properties Trust led the way with a 4% rise. The Birmingham-based real estate investment trust focuses on health care facilities.
Louisiana-Pacific was next with a 3.7% gain. The Nashville-based company operates more than 20 manufacturing facilities across North and South America, including two in Alabama – one in Hanceville and one in Thomasville.
Other decent gainers included Community Health Systems (2.2%) and Regions (2.1%).
U.S. Steel was at the bottom of the list, dropping 2.2%.
Overall, Wall Street rallied to its best day since June on Wednesday after pressure that’s built up on stocks from the bond market relaxed a bit.