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-0.000696055684454783 -0.000696055684454783 -0.00135034802784221 0 0.000232018561484873 -0.00417633410672853 -0.000464037122969745 -0.000464037122969745
Stock impact report

CoreCivic (CXW) Stock Trades Up, Here Is Why [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
Immigration and Customs Enforcement (ICE) expected to generate significant revenue. The government-solutions company will provide 3,593 beds at two of its facilities, the California City Immigration Processing Center and the Midwest Regional Reception Center in Kansas. Once fully activated, CoreCivic expects these contracts to generate nearly $200 million in combined annual revenue. This figure represents approximately 10% of the company's current annual revenue. According to CEO Damon Hininger, the locations of these facilities, which were idle at the start of 2025, will enhance the company's ability to support its government partner in enforcing immigration laws. The stock saw a positive reaction in pre-market trading following the news. After the initial pop the shares cooled down to $21.96, up 1.9% from previous close. Is now the time to buy CoreCivic? Access our full analysis report here, it's free What Is The Market Telling Us CoreCivic's shares are somewhat volatile a Show less Read more
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