Worth Rises

Private Prison Stocks Surge After Trump Election Victory, CoreCivic Up 43% and GEO Group Up 21% in Single Day

| Importance: 9/10

The day after Donald Trump is declared winner of the 2016 presidential election, private prison stocks experience massive gains. CoreCivic (formerly CCA) jumps from $14.19 to $20.31 per share (43% increase) and GEO Group rises from $23.88 to $28.96 per share (21% increase). According to Bianca …

Donald Trump CoreCivic GEO Group Wall Street investors Worth Rises private-prison trump-administration wall-street prison-industrial-complex stock-market +1 more
Read more →