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Private Prison Stocks Soar on Trump Victory

Private prison stocks soared in morning trading Wednesday, fueled by Donald Trump's surprise presidential victory.

Stocks made a modest climb in volatile trading at market open, calming the nerves of investors who saw futures markets crater overnight. Private prison companies, however, soared. Corrections Corp. of America (CXW) , which recently rebranded as CoreCivic, surged 36.22% to $19.33 in late-morning trading, and The Geo Group (GEO) climbed...


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