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"GEO plunges as much as 31%, most ever intraday; CXW plunges 26%, most intraday since Feb. 2009: link to Wash. Post story here. CXW didn’t immediately respond to message seeking comment; GEO spokesman Pablo E. Paez wasn’t immediately available to comment DOJ officials believe private prisons are less safe and effective than public ones, Washington Post reports, citing memo from Deputy Attorney General Sally Yates NOTE: Dec. 29, For-Profit Prisons to Face Pressure Through 2016: Compass Point NOTE:", www.bloomberg.com
"August 18, 2016: Here are four stocks trading with relatively heavy volume among 33 equities making new 52-week lows in Thursday’s session. NYSE advancers led decliners by about 2 to 1 and Nasdaq advancers led decliners by slightly less than 2 to 1. Corrections Corporation of America (NYSE: CXW) dropped about 52% on Thursday to […]", 247wallst.com
"Options traders are cashing in after Corrections Corp. of America lost as much as half its value following the U.S. government’s decision to curtail the use of private prisons. Investors pushed bearish bets on the real-estate investment trust to a three-year high, with large blocks of December $28 puts changing hands on several occasions in the last few weeks. The stock, which traded at $17.05 as of 2:10 p.m. in New York, is rated a hold by every analyst covering it tracked by Bloomberg, and has", www.bloomberg.com
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