Stock Track | CoreCivic Stock Soars on Expectations of Trump Immigration Policy

Stock Track

Nov 06, 2024

Shares of CoreCivic, Inc (CXW), a private prison operator, skyrocketed 23.48% in pre-market trading on Tuesday as markets reacted to the projected victory of Donald Trump in the 2024 U.S. presidential election.

The surge in CoreCivic's stock price reflects investors' anticipation of increased demand for private detention centers if Trump follows through on his campaign promise of mass deportation of undocumented immigrants.

According to pre-market trading data, CoreCivic and its peer The GEO Group (GEO), another major private prison company, saw their shares surge 23% and 32% respectively. Analysts believe these companies could benefit significantly from Trump's hardline stance on immigration and tightened border security policies.

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Analysts believe these companies could benefit significantly from Trump's hardline stance on immigration and tightened border security policies.\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CXW","symbol_name":"美国惩教公司","start_time":0,"source_url":"","article_id":"1142751751","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1142751751","pubTimestamp":1730887701,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of CoreCivic, Inc , a private prison operator, skyrocketed 23.48% in pre-market trading on Tuesday as markets reacted to the projected victory of Donald Trump in the 2024 U.S. presidential election.The surge in CoreCivic's stock price reflects investors' anticipation of increased demand for private detention centers if Trump follows through on his campaign promise of mass deportation of undocumented immigrants.According to pre-market trading data, CoreCivic and its peer The GEO Group , an","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CXW":"美国惩教公司"},"translate_title":"股票赛道CoreCivic股价因特朗普移民政策预期而飙升","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CXW":1},"content_text":"Shares of CoreCivic, Inc (CXW), a private prison operator, skyrocketed 23.48% in pre-market trading on Tuesday as markets reacted to the projected victory of Donald Trump in the 2024 U.S. presidential election.\n\nThe surge in CoreCivic's stock price reflects investors' anticipation of increased demand for private detention centers if Trump follows through on his campaign promise of mass deportation of undocumented immigrants.\n\nAccording to pre-market trading data, CoreCivic and its peer The GEO Group (GEO), another major private prison company, saw their shares surge 23% and 32% respectively. 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