Private prison stocks aren’t feeling the expected boom

Andy Uhler Dec 29, 2017
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Private prison stocks aren’t feeling the expected boom

Andy Uhler Dec 29, 2017
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Stocks in the for-profit prison sector skyrocketed after the election of President Donald Trump. The Obama administration and Democratic presidential candidate Hillary Clinton had both pledged to phase out their use by federal authorities — an approach Trump rejected. But the industry hasn’t seen the sustained boost many investors expected. 

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