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

donald-trump’s-victory-has-boosted-shares-in-private-prison-companies

AS the dust settled on Donald Trump’s election victory, what businesses did investors think would benefit most from his return to the presidency? Tesla? Big oil? Rustbelt manufacturers? No: two firms that lock people up. Shares in GEO Group and Core Civic, which own and run prisons, soared by two-thirds in the three days after...

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