Shares of prison stocks are trading lower following last night's presidential debate.
Portfolio Pulse from Benzinga Newsdesk
Prison stocks, including CoreCivic (CXW) and GEO Group (GEO), are experiencing a decline in share prices following the recent presidential debate.
September 11, 2024 | 1:47 pm
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NEGATIVE IMPACT
CoreCivic's stock is trading lower following the presidential debate, which may have influenced investor sentiment negatively towards prison stocks.
The presidential debate likely included discussions or implications that negatively impacted investor sentiment towards prison stocks, causing a decline in CoreCivic's share price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
GEO Group's stock is experiencing a decline after the presidential debate, suggesting a negative impact on investor sentiment towards prison stocks.
The decline in GEO Group's stock price is likely due to negative investor sentiment following the presidential debate, which may have addressed issues affecting the prison industry.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80