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Stock impact report

Deportation backlash adds fresh uncertainty for DHS contractors [Seeking Alpha]

Geo Group Inc (The) REIT (GEO) 
Last geo group inc (the) reit earnings: 4/30 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.geogroup.com
Company Research Source: Seeking Alpha
deportation policies rattles investors and clouds federal funding prospects, Bloomberg News reported Thursday. Stocks of private prison operators such as Geo Group ( Quick Insights Shares of major contractors like Geo Group and CoreCivic have fallen sharply due to increased criticism of White House deportation policies, resulting in investor concern and volatility. The threat of Democrats blocking DHS funding increases uncertainty around revenue streams for ICE contractors, even if existing contracts remain, causing investors to reevaluate the stability of these revenues. Analysts note potential benefits from new policy requirements (like mandatory body cameras) and previously passed spending measures, suggesting room for future contractor growth despite current headwinds. Recommended For You More Trending News Show less Read more
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