The incoming administration is poised to launch what could be the largest deportation operation in American history, prompting a demand for private detention facilities in major cities.
Publicly traded companies like GEO Group and CoreCivic have seen significant stock price increases post-election, signaling investor confidence in the surge of deportation activities.
GEO Group executives suggested that their company is 'built for this unique moment,' forecasting substantial growth in services related to immigrant detention.
CoreCivic's leadership mentioned having vacant beds ready for use, indicating preparedness to accommodate the anticipated demand for detention services.
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