|Bid||7.59 x 1200|
|Ask||7.64 x 900|
|Day's Range||6.73 - 7.95|
|52 Week Range||5.21 - 9.81|
|Beta (5Y Monthly)||0.62|
|PE Ratio (TTM)||14.62|
|Earnings Date||Nov 02, 2022 - Nov 07, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jan 22, 2021|
|1y Target Est||13.00|
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The investor, who successfully bet against the U.S. mortgage market before the 2008 financial crisis, has just made a huge gamble.
Scion Asset Management fund manager Michael Burry, who rose to fame with timely bets against housing ahead of the 2008 financial crisis, in the last quarter dumped a dozen bullish positions and replaced them with a new stake in prison company Geo Group Inc, according to filings released on Monday. Shares of Geo Group rose 12% on Monday, the largest one-day rally in the company since June 2021, according to Refinitv data. At current prices, Burry's position is worth approximately $3.9 million.
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