Private Prison Stocks Soar After Trump Win on Deportation Plans

Prison Stocks Geo Group, CoreCivic Rally On Trump 2024 Election Win: History Shows The Gains May Not Last

Prison stocks could benefit from Donald Trump's return to the White House. Past history shows that the gains could be short lived.

'Someone's got to run the deportation camps': Prison stocks soar as Trump agenda unfolds

Several private prison stocks have been skyrocketing since Donald Trump won the 2024 presidential election. Trump has vowed mass deportations, and his campaign spokesperson on Wednesday said "millions" would be deported on day one."One HUGE winner from Trump's win: Private prison companies GEO Group Inc. and CoreCivic Inc.," observed Bloomberg News reporter Steven Dennis on Wednesday. "Their stocks, which could benefit from Trump's plans for rou…

'Someone’s got to run the deportation camps': Prison stocks soar as Trump agenda unfolds

Several private prison stocks have been skyrocketing since Donald Trump won the 2024 presidential election. Trump has vowed mass deportations, and his campaign spokesperson on Wednesday said “millions” would be deported on day one.“One HUGE winner from Trump’s win: Private prison companies GEO Group Inc. and CoreCivic Inc.,” observed Bloomberg News reporter Steven Dennis on Wednesday. “Their stocks, which could benefit from Trump’s plans for rou…

'Someone's Got to Run the Deportation Camps': Prison Stocks Soar as Trump Agenda Unfolds

Several private prison stocks have been skyrocketing since Donald Trump won the 2024 presidential election. Trump has vowed mass deportations, and his campaign spokesperson on Wednesday said “millions” would be deported on day one. “One HUGE winner from Trump’s win: Private prison companies GEO Group Inc. and CoreCivic Inc.,” observed Bloomberg News reporter Steven Dennis on Wednesday. “Their stocks, which could benefit from Trump’s plans for ro…

Could prison companies get a boost from Trump’s immigration policies?

The Trump administration could be a boon for business for private prison companies in the U.S. if the president-elect delivers on his promise to crack down on illegal immigration.  CoreCivic and Geo Group, the two biggest private prison operators in the U.S., both contract with the U.S. Immigration and Customs Enforcement (ICE) to house detained, undocumented migrants. Their stocks soared Wednesday following Trump’s election win, with investors …

Could prison companies get a boost from Trump's immigration policies?

The largest private prison companies in the U.S. stand to benefit from Trump's vow to increase deportations.