Private Prison Stocks Geo Group (GEO) And CoreCivic (CXW) Surge After New Executive Order
Shares of major private prison operators GEO Group Inc (NYSE:GEO) and CoreCivic Inc (NYSE:CXW) are trading higher Friday afternoon. The rally follows a new executive order signed by President Donald Trump on Thursday aimed at addressing crime and homelessness, which investors see as a potential boon for the companies.
Benzinga ·