The Traderszone Network

Published in TZ Latest News 18 August, 2016 by The TZ Newswire Staff

Why Corrections Corp. of America Stock Plummeted Today

Getty Prison Bars

Image source: Getty Images.

What: Shares of Corrections Corp. of America (NYSE: CXW) plunged more than 35% Thursday after the U.S. Department of Justice revealed it will phase out its use of private prisons.

Continue reading