Private prison stocks soar after Trump names Tom Homan 'border czar' [Yahoo! Finance]
CoreCivic, Inc. (CXW)
Last corecivic, inc. earnings: 2/12 04:15 pm
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US:NYSE Investor Relations:
ir.corecivic.com/investor-relations
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Source: Yahoo! Finance
GeoGroup jumped 4.5%, while CoreCivic increased 6.3% following Homan's promise that he "will run the biggest deportation operation this country has ever seen." Homan is well known, having served during Trump's first administration as head of Immigration and Customs Enforcement. "I've known Tom for a long time, and there is nobody better at policing and controlling our borders," Trump said in a statement on Truth Social, as Vice President-elect JD Vance suggested starting with 1 million undocumented migrants "and then we can go from there." After Trump's election win last week, analysts predicted a strong rally for the two stocks. "With Trump returning to the White House, there will be a far firmer embrace of GeoGroup and CXW," Isaac Boltansky, an analyst at BTIG, told clients on Nov. 6. "More importantly they would take a far more aggressive stance on border enforcement, which would impact the ICE business lines at these firms." Both GeoGroup and CoreCivic surged last week,
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CXW
News
- Private prison firms contributed more than $1M to Trump's reelection. Now they expect a business boom [Yahoo! Finance]Yahoo! Finance
- Mass detention and returning migrants to Mexico: Donald Trump's plans on immigration are coming into focus [CNN]CNN
- Mass detention and returning migrants to Mexico: Donald Trump's plans on immigration are coming into focus [CNN]CNN
- Why stock in Tennessee private prison operator CoreCivic is on the rise post-Trump reelection [Yahoo! Finance]Yahoo! Finance
- Shareholders Will Be Pleased With The Quality of CoreCivic's (NYSE:CXW) Earnings [Yahoo! Finance]Yahoo! Finance
CXW
Earnings
- 11/6/24 - Miss
CXW
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form SC
- 11/20/24 - Form 144
- CXW's page on the SEC website