Stock Track | CoreCivic Soars 5.95% in Pre-market on ICE Contracts and Strong Earnings

Stock Track

02/12

CoreCivic, Inc's stock surged 5.95% in pre-market trading on Thursday, following positive developments from the company.

The prison operator signed additional contracts with Immigration and Customs Enforcement and reported quarterly results that exceeded forecasts. The company also anticipates continued increased demand from government agencies throughout the year.

These factors combined to drive investor optimism, leading to the significant pre-market gain for CoreCivic shares.

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