Geo Group and CoreCivic move guidance in opposite directions, a day after both prison stocks soared
Prison operators GEO Group and CoreCivic moved their guidance in opposition directions on Thursday, after both companies' stock had surged in anticipation of higher immigrant detentions by President-elect Donald Trump's administration.
Prison Stocks Geo Group, CoreCivic Rally On Trump 2024 Election Win: History Shows The Gains May Not Last
Among the biggest winners Wednesday morning are prison stocks Geo Group GEO and CoreCivic CXW, moving positively to the news that Donald Trump won the 2024 presidential election.
Which Sectors Stand to Benefit From Election Outcomes
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CoreCivic, Inc. (CXW) Q2 2024 Earnings Call Transcript
CoreCivic, Inc. (NYSE:CXW ) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Mike Grant – Managing Director of Investor Relations Damon Hininger – President and Chief Executive Officer David Garfinkle – Chief Financial Officer Conference Call Participants Joe Gomes – Noble Capital Jason Weaver – JonesTrading Brian Violino – Wedbush Ben Briggs – StoneX Financial Edwin Groshans – Compass Point M. Marin – Zacks Operator Good day and thank you for standing by.
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Death cross stocks – on the surface, the title sounds incredibly menacing. However, it may be one of the more misunderstood concepts.
CoreCivic Lost a Contract and an Upbeat Call. Another Stock Is Down Even More.
The prison company said it is suspending its financial guidance for 2024.
Biden's Dilley detention closure sends CoreCivic stock into freefall: Should you buy?
In a startling turn of events, CoreCivic Inc (NYSE:CXW) finds itself grappling with a significant downturn. On Tuesday, the stock plummeted over 20% in pre-market trading.
Why Is CoreCivic (CXW) Stock Down 26% Today?
CoreCivic (NYSE: CXW ) stock is falling on Tuesday after the detention center company revealed that the U.S. government has ended a contract with it. CoreCivic notes that the U.S. government has terminated its contract for the South Texas Family Residential Center in Dilley, Texas.
