The Terrifying Industry Ready to Get Rich on Trump Deportation Plans [Yahoo! Finance]
Geo Group Inc (The) REIT (GEO)
Last geo group inc (the) reit earnings: 4/30 06:55 am
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Source: Yahoo! Finance
It seems that investors are betting big on Trump's plans to detain and then forcibly deport millions of both undocumented and legal immigrants—a move that could send the U.S. economy tumbling while making those who profit off of human suffering rich beyond their wildest dreams. Geo Group, the country's largest private prison company, was the biggest winner in the stock market after Trump's victory was announced Wednesday, according to economic outlet Sherwood. The company saw a 40 percent jump in shares Wednesday alone, and its share price went from $14.18 the day before the election to $24.43 on Thursday. In 2023, 43 percent of Geo Group's top-line revenue, more than $2.4 billion , came from contracts with Immigration and Customs Enforcement. George Zoley, the founder and executive chairman, could barely contain his excitement during an earnings call Thursday. “We expect the incoming Trump administration to take a much more aggressive approach regarding border security as well
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GEO
News
- Why Did Geo Group Inc. (GEO) Jump Yesterday? [Yahoo! Finance]Yahoo! Finance
- The GEO Group, Inc. (NYSE: GEO) had its "outperform" rating re-affirmed by analysts at Wedbush.MarketBeat
- The GEO Group Announces $70 Million Investment in Expanding ICE Services Capabilities and New Corporate ReorganizationBusiness Wire
- Is The GEO Group Inc. (GEO) The Best Prison and Law Enforcement Stock To Invest In? [Yahoo! Finance]Yahoo! Finance
- Biden administration surveillance and AI tools for tracking and ranking immigrants set to help Trump deportation crackdown [Fortune]Fortune
GEO
Earnings
- 11/7/24 - Miss
GEO
Sec Filings
- 12/16/24 - Form 8-K
- 12/11/24 - Form 4
- 12/9/24 - Form 144
- GEO's page on the SEC website