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The Voice of Main Street Business

Donald Trump’s victory has boosted shares in private-prison companies

The Owner Press by The Owner Press
November 23, 2024
in Business News
Reading Time: 1 min read
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AS the mud settled on Donald Trump’s election victory, what companies did traders assume would profit most from his return to the presidency? Tesla? Huge oil? Rustbelt producers? No: two companies that lock individuals up. Shares in GEO Group and Core Civic, which personal and run prisons, soared by two-thirds within the three days after the election, beating the remainder of America’s 1,500 Most worthy companies.



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