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Prison stocks generally rise with Trump in office, despite historical downturns.
What happened, with direct paths to the underlying reporting
Prison stocks like CXW surge after Trump's election victory. Historical data indicates potential declines following initial election-related gains. CoreCivic expects lower revenue than last year, but consistent performance. Investors should consider profit-taking or selling before Trump's inauguration. Aramark remains resilient, maintaining higher stock value during Trump's presidency.
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