Bill Ackman Likes Corrections Corp. of America (CXW)

October 20, 2009 3:36 PM EDT

At the Value Investing Congress in New York, hedge fund manager Bill Ackman of Pershing Square Capital said his firm bough shares of Corrections Corp. of America (NYSE: CXW) citing rising demand for private prisons as crime rises due to the recession.


Related Categories

Insiders' Blog
Trader Talk

Stocks Mentioned

CXW 24.74

+0.59 +2.44%
Volume: 783,265
Track CXW


Related Entities


Add Your Comment