Buying Stock In: Prisons

: Stocks for both GEO Group and CoreCivic rallied significantly—over 50% in some cases—following the 2024 U.S. election. This was largely due to investor expectations of increased demand for detention space following promises of mass deportations.

: The largest contractor for U.S. Immigration and Customs Enforcement (ICE) . buying stock in prisons

The industry is dominated by two major publicly traded corporations that collectively manage over half of the private prison contracts in the U.S.. : Stocks for both GEO Group and CoreCivic

Stock prices in this sector are often tied to federal immigration and criminal justice policies. buying stock in prisons