Corrections Corp. (CXW), GEO Group (GEO) Gain; DHS Says Private Prison Use Should Continue - Washington Post

December 1, 2016 12:59 PM EST

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(Updated - December 1, 2016 1:01, 1:05 PM EST)

A DHS advisory panel said U.S. immigration authorities should maintain their reliance on private detention facilities, according to the Washington Post, citing a draft of the panel's recommendation.

Shares of Corrections Corp. (NYSE: CXW) and GEO Group (NYSE: GEO) ticked higher following the headline.

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