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InvestorsHub on MSNPrivate Prison Stocks Surge Following Approval of Expanded Detention FundingShares of private prison operators Geo Group (NYSE:GEO) and CoreCivic (NYSE:CXW) climbed sharply in early trading Monday ...
Prison stocks are something that don’t get much attention. Especially since most people don’t know they exist. But upon further investigation, it’s clear there’s high potential for ethical profits.
GEO is one of the best prison stocks to buy. In the third quarter of 2024, the company reported total revenues of $603.1 million, slightly up from $602.8 million in the same quarter last year.
The $45 billion for immigration detention in the "Big, Beautiful Bill" represented a long-sought win for private prisons.
The two largest private prison companies -- Geo Group and CoreCivic -- saw their stocks surge after the election last week. Under the first Trump administration, the number of immigrants detained ...
A San Diego attorney whom prosecutors say ran a pair of "pump-and-dump" stock fraud schemes was sentenced Friday to just over ...
Prison stocks are moving higher on the heels of Donald Trump's 2024 election win. Past history shows the prison stocks may not hold onto their gains from Trump's inauguration date into the future.
Prison stocks have soared after Donald Trump’s presidential victory, with Geo Group (GEO) up about 41% and CoreCivic (CXW) up nearly 29%. Yahoo Finance Anchors Josh Lipton and Julie Hyman break ...
The stock is up 80.5% in the past year and it reported $575.2 million in revenue, up 33.64%. Net income also increased 136.9% to $135.2 million. It beat both the top-line and the bottom-line ...
Shares of two private prison operators, GEO Group and CoreCivic , surged 42% and 29% Wednesday, respectively ... Green energy stocks saw some of the biggest declines for the day, ...
Prison stocks jump on expectations of more detentions Provided by Dow Jones Nov 6, 2024, 4:07:00 PM. By Steve Goldstein . GEO Group and CoreCivic shares jump .
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