Corrections Corporation of America Goes Public on NASDAQ at $9 Per Share, Wall Street Bets on Mass Incarceration
Corrections Corporation of America (CCA) launches its initial public offering on NASDAQ under the symbol CCAX, selling 2 million shares at $9 per share and raising $18 million to fund expansion. Despite struggling for profitability in its first three years, the company convinces Wall Street …
Corrections Corporation of America (CCA)
Thomas W. Beasley
NASDAQ
Vanderbilt University Law School
Jack C. Massey
private-prison
prison-industrial-complex
wall-street
mass-incarceration
institutional-investment
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