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Prison Stocks Geo Group, CoreCivic Rally On Trump 2024 Election Win: History Shows The Gains May Not Last
CXWCoreCivic(CXW) Benzinga·2024-11-07 00:32

Among the biggest winners Wednesday morning are prison stocks Geo Group GEO and CoreCivic CXW, moving positively to the news that Donald Trump won the 2024 presidential election.While prison stocks could benefit from Trump back in office and policies to expand private prison and immigration detention centers, past market history shows these stocks fell during Trump's previous four years in the White House.What Happened: Investors could be feeling déjà vu with prison stocks moving higher after Trump's win Tu ...