- Business Insider•20 hours ago
The shares of private-prison providers jumped on Friday after the Justice Department signaled its...
- American City Business Journals•23 hours ago
On the whole, 2016 was a rough year for Nashville-based CoreCivic, formerly known as Corrections Corporation of America. Then came a decision by the Department of Justice to stop partnering with private prison firms, a decision that sent shares tumbling . In a statement Thursday, Jonathan Burns, CoreCivic’s director of public affairs, said, “The attorney general’s announcement validates our position that the department’s previous direction was not reflective of the high-quality services we have provided to the federal government for decades.
In the final months of the Obama administration (August 2016), the Justice Department announced it will end the use of private prisons. In the first month of the Trump administration, the rule was rescinded.
CXW : Summary for CoreCivic, Inc. - Yahoo Finance
CoreCivic, Inc. (CXW)
NYSE - NYSE Delayed Price. Currency in USD
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|Bid||35.02 x 300|
|Ask||35.07 x 200|
|Day's Range||34.10 - 35.33|
|52 Week Range||12.99 - 35.33|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||18.73|
|Dividend & Yield||1.68 (4.94%)|
|1y Target Est||N/A|