CoreCivic Stock: Political Uncertainty Leads To Ratings Downgrade (NYSE:CXW)

Introduction

CoreCivic (NYSE:CXW), the owner of correctional facilities, has experienced recent share price volatility. The company’s shares rallied by around 50% in the fifteen months after I wrote a bullish thesis lastannounced termination of the company’s contract with ICE over its Dilley Detention Facility,

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