The industry is dominated by two major publicly traded corporations that collectively manage over half of the private prison contracts in the U.S..
: A major boost occurred in early 2025 when the executive branch reversed a previous order that had directed the Department of Justice to phase out private prison contracts. 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 industry is dominated by two major publicly
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