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Prison operators GEO, CoreCivic down

ReutersJan 26, 2026 6:28 PM

Shares of prison operators GEO Group GEO.N and CoreCivic CXW.N down 10.6% and 7.7% respectively

Democrats in the Senate have said they will oppose a funding bill for the Department of Homeland Security, overseer of ICE

This follows a fatal shooting of a second U.S. citizen by immigration agents in Minnesota

Minnesota state officials are also pressing a federal judge to temporarily stop the surge of 3,000 immigration agents

In October, GEO was awarded a two-year electronic monitoring, case management, and supervision contract by ICE

CXW also recieved an ICE contract at its Diamondback facility

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