Private Prison Stocks Sink After U.S. Signals the End

The U.S. government halted a decade-long experiment to hire private companies to help manage the soaring prison population, sending shares of facility operators Corrections Corp. of America and GEO Group Inc. plunging.
Read more: http://www.bloomberg.com/news/articles/2016-08-18/prison-reits-sink-on-report-u-s-to-end-private-facility-use?source=Snapzu