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The increasing use of Geo's technology by the government may lead to higher revenues. Similar past events, like government contracts boosting defense firms, led to significant stock gains.
What happened, with direct paths to the underlying reporting
Geo Group's tech aids deportations under the Trump administration. Digital monitoring tools increase arrests of immigrants significantly. Legal aid groups report hundreds of arrests via Geo's surveillance. The company provides ankle monitors and tracking apps to the government. Privacy trade-offs for immigrants raise ethical concerns.
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