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Prison Stocks Still Facing Headline Risk Despite GEO Group's Federal Contract Renewal
Friday, September 30, 2016 - 11:59am | 479Ryan Meliker of Canaccord Genuity said the headline risk prevails for prison stocks despite The GEO Group Inc (NYSE: GEO) announcing a BOP contract renewal. GEO announced that the BOP had extended its contract for the company-owned D. Ray James Correctional Facility by an additional two years. The...