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Stock impact report

3 Services Stocks That Concern Us [Yahoo! Finance]

CoreCivic, Inc. (CXW) 
Last corecivic, inc. earnings: 2/12 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.corecivic.com/investor-relations
Company Research Source: Yahoo! Finance
Still, investors are uneasy as firms face challenges from AI-driven disruptors and tightening corporate budgets. These doubts have caused the industry to lag recently as services stocks have collectively shed 12.8% over the past six months. This drawdown was worse than the S&P 500's 10% decline. A cautious approach is imperative when dabbling in these companies as many are also sensitive to the ebbs and flows of the broader economy. Keeping that in mind, here are three services stocks that may face trouble. Market Cap: $2.43 billion Originally founded in 1983 as the first private prison company in the United States, CoreCivic (NYSE:CXW) operates correctional facilities, detention centers, and residential reentry programs for government agencies across the United States. Why Do We Steer Clear of CXW? Number of average available beds has disappointed over the past two years, indicating weak demand for its offerings Performance over the past two years shows its incremental sa Show less Read more
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