Private prison stocks soared Wednesday and Thursday as the companies eyed a potential bonanza from President-elect Donald Trump’s pledge to carry out the largest mass detention and deportation of immigrants in US history.

3585348

Benzinga

New York

United States

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

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

Ad Fontes Media

All Sides

Media Bias/Fact Check

CBS News

National Amusements

Michael Redstone

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

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

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…

Raw Story

John K. Byrne

Michael Rogers (publisher)

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

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

Private Prison Stocks Soar After Trump Win on Deportation Plans

MarketWatch

Murdoch family

Headline Unavailable

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…

Alternet

Washington

District of Columbia

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

President-elect Trump has vowed to launch the biggest deportation in American history—this could translate to big bucks for companies like CoreCivic and Geo Group.

Fortune

Chatchaval Jiaravanon

America’s two largest private prison companies see shares soar on Trump election

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 …

DNyuz

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

Quite ironically, once Trump Media (NASDAQ: DJT) is excluded, one would be hard-pressed to find a stock that hasn’t seen a massive rally in the wake of Donald Trump’s reelection as the President of the United States. A relatively overlooked set of companies whose shares have also seen stellar surges are the controversial American private prison firms.  Two of the industry’s most prominent corporations, CoreCivic (NYSE: CXW) and Geo Group (NYSE: …

Finbold

Why private prison stocks are soaring

The largest private prison companies in the U.S. stand to benefit from Trump’s vow to increase deportations. Source The post Could prison companies get a boost from Trump’s immigration policies? appeared first on News Talk 94.1/AM 1600.

Private Prison Stocks Soar After Trump Win on Deportation Plans

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