CoreCivic (CXW) Stock

BRENTWOOD, Tenn., Dec. 16, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) ("CoreCivic") announced today that CoreCivic's Board of Directors (the "Board") has appointed Patrick Swindle, who currently serves as CoreCivic's Executive Vice President and Chief Operating Officer, to President and Chief Operating Officer, effective January 1, 2025.

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Private prison stocks Geo Group and CoreCivic rose Monday after President-elect Donald Trump chose Tom Homan as his "border czar." Homan told a conservative conference in July that he "will run the biggest deportation force this country has ever seen" when Trump returns to office.

CNBC's Eamon Javers joins 'The Exchange' to report on prison stocks moving higher since Trump's victory, in part based on his deportation plan.

CoreCivic, Inc. (NYSE:CXW ) Q3 2024 Earnings Conference Call November 7, 2024 9:30 AM ET Company Participants Mike Grant - Managing Director of Investor Relations Damon Hininger - President and Chief Executive Officer David Garfinkle - Chief Financial Officer Conference Call Participants Jason Weaver - JonesTrading M. Marin - Zacks Investment Research, Inc. Brian Violino - Wedbush Securities Joe Gomes - Noble Capital Markets Greg Gibas - Northland Securities Kirk Ludtke - Imperial Capital, LLC Ben Briggs - StoneX Financial Operator Thank you for standing by.

Prison operators GEO Group and CoreCivic moved their guidance in opposition directions on Thursday, after both companies' stock had surged in anticipation of higher immigrant detentions by President-elect Donald Trump's administration.

Cost Management and Higher Occupancy Continue To Drive Positive Financial Performance Raises Full Year Financial Guidance

Among the biggest winners Wednesday morning are prison stocks Geo Group GEO and CoreCivic CXW, moving positively to the news that Donald Trump won the 2024 presidential election.

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