** Shares of accommodation and hospitality service provider Target Hospitality TH.N tumble 51% to $4.50, the lowest in nearly three years and on track for worst day on record
** Co says U.S. government intends to terminate Pecos Children's Center services agreement with Target's Hospitality's nonprofit partner
** TH withdraws preliminary 2025 financial outlook after contract termination
** TH had provided facilities for up to 6,000 people for center
** Co says pursuing other opportunities, including supporting the U.S. government's current immigration policies
** Trump administration has been directing immigration agents to track down migrant children who entered the United States without their parents, expanding mass deportation efforts, Reuters reports
** Including day's moves, TH down over 52% YTD
(Reporting by Lisa Mattackal)
((LisaPauline.Mattackal@thomsonreuters.com;))
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