The GEO Group, Inc.

Shares of GEO Group, a mid-cap provider of detention and monitoring services for migrants, rose nearly 5% on Monday, December 22, after the company <a href="https://investors.geogroup.com/news-releases/news-release-details/geo-group-awarded-contract-us-immigration-and-customs-1">announced</a>&nbsp;a new contract with U.S. immigration authorities. The rally came despite lingering <a href="https://en.oninvest.com/article/private-prison-stocks-tumble-amid-guidance-cuts-despite-trump-era-boom">investor concerns</a> over the company’s earnings outlook, even as U.S. immigration <a href="https://investors.geogroup.com/news-releases/news-release-details/geo-group-awarded-15-year-contract-us-immigration-and-customs">enforcement</a>&nbsp;picks up under President Donald Trump.

Migrants