Shares in the two largest private prison stocks jumped sharply the morning after Donald J. Trump was elected president. The Corrections Corporation of America surged by 60 percent before falling back to a 34 percent jump and GEO Group Inc. was up by 18 percent. Following new investigative reports, including one on questionable deaths in immigrant-only prisons, the two companies had seen their stock prices fall after the Department of Justice in August said it would phase out the use of the facilities. Hillary Clinton also said all private prisons should be shut down.
Source: Drudge Report

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