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0 0.000388802488335848 0.00116640746500768 -0.00272161741835149 -0.00408242612752723 -0.00816485225505446 -0.0163297045101089 -0.0139968895800933
Stock impact report

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 Check Earnings Report
US:NYSE Investor Relations: investors.geogroup.com
Company Research 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 Show less Read more
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