Shares of US private prisons fall over immigration crackdown uncertainty

NEW YORK, United States — Shares of two leading US private prison firms tumbled Thursday over questions about the pace of their ramp-up as President Donald Trump’s controversial immigration crackdown faces backlash. Both Geo Group and CoreCivic reported higher fourth-quarter profits. These reflect additional detainee volumes as US Immigration and Customs Enforcement (ICE) expands its personnel