Tesla, Apple and Stellantis fall premarket; Geo Group, CoreCivic rise
Investing.com -- U.S. stock futures fell Monday, with investors cautiously awaiting fresh trade news as President Donald Trump’s July deadline for negotiations rapidly approaches.
investing.com·2mo ago
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Prison stocks rally as detention center funding passed
Investing.com -- Shares of Geo Group (NYSE:GEO) and CoreCivic (NYSE:CXW) rose in premarket trading Monday after Congress passed President Donald Trump’s sweeping tax and spending bill, which significantly increases funding for immigrant detention.
investing.com·2mo ago
'Not A Place I Want To Go Hiking:' Trump Tours 'Alligator Alcatraz' As Senate Greenlights More Funding For Migrant Crackdown
The state-run complex, located at the Miami-Dade Collier Training and Transition Airport, is estimated to cost $450 million annually and can accommodate about 5,000 people.
Wedbush’s new price target implied an upside of 106.3% from the stock’s last close.
Stocktwits·5mo ago
CoreCivic Rises After Agreement To Resume Operations At Texas Migrant Detention Facility, Retail’s Bullish
The company said the new agreement expires in March 2030 and may be extended through bilateral modification.
Stocktwits·6mo ago
US private prison stocks dip on Trump-El Salvador deportation talk
Investing.com-- Shares of CoreCivic Inc and GEO Group- the two biggest private prison operators in the U.S., sank on Tuesday as President Donald Trump said he supported an offer from El Salvador to house U.S. criminals.
investing.com·7mo ago
Stocks To Watch in January And What to Watch For
Editors' Picks for Companies That Are Likely to Be in the SpotlightSpencer Platt / Getty ImagesStocks are entering 2025 on somewhat shaky footing.After surging to a series of record highs following...
Investopedia Headlines·8mo ago
The Current 'Trump Trade' Is Less Euphoric And More Strategic
Michael Nagle / Bloomberg / Getty ImagesKey TakeawaysThe jolt of euphoria that gripped the stock market after Donald Trump was re-elected has waned as investors have attempted to parse the effect his...
Investopedia Headlines·10mo ago
Deal Dispatch: Prison Companies In Focus Post-Election, Tripadvisor Boasts $11B In Cash
Wellpath, a healthcare service for prisoners, is going bankrupt. Meanwhile, Geo Group and CoreCivic reacted positively to the election.
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Trump’s vow to implement the largest mass deportation of undocumented immigrants in U.S. history has heightened investor confidence in private prison operators.