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Stock impact report

CoreCivic Permit Win Reactivates Idle Kansas Facility For Contract Revenue [Yahoo! Finance]

CoreCivic, Inc. (CXW) 
Last corecivic, inc. earnings: 2/12 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.corecivic.com/investor-relations
Company Research Source: Yahoo! Finance
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. CoreCivic (NYSE:CXW) has received approval for a Special Use Permit for its Midwest Regional Reception Center in Kansas. The approval allows the company to reactivate the facility and resume operations after earlier regulatory and legal delays. The reactivation clears the way for new detainee intake, with potential implications for revenue and future capacity planning. For investors watching NYSE:CXW, the permit approval comes against a mixed share price backdrop. The stock last closed at $18.21, with a 0.8% gain over the past week but declines of 3.8% over the past month and 4.3% year to date. Over longer horizons, returns of 102.8% over three years and 97.5% over five years indicate that the company has already undergone substantial shifts. This facility decision matters because it affects how CoreCivic Show less Read more
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