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Private prison stocks jump on Trump appointment of immigration hard-liner Tom Homan

Summary by Verve Times
A guard escorts an immigrant detainee from his ‘segregation cell’ back into the general population at the Adelanto Detention Facility, managed by GEO Group. Getty Images Private prison stocks rose Monday after President-elect Donald Trump selected immigration hardliner Tom Homan as his “border czar.” The Geo Group and CoreCivic jumped more than 7% and nearly 8%, respectively, in morning trading. Homan served as the head of Immigration and Cu…
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