GEO Group, a major private prison company known for its contracts with ICE to manage immigration detention facilities, saw a significant spike in its stock price yesterday following Donald Trump’s recent political victory. GEO Group’s shares soared by nearly 32% as investors speculated on Trump’s potential impact on immigration policies, with expectations that his return to office could mean major gains for private prison corporations.
GEO Group, which holds over a billion dollars in ICE contracts, has previously benefited from Trump-era policies. Under his administration, policies that increased detention and correctional facility usage led to robust profits for the company. As Trump gears up for another term, investors are betting big on his potential immigration initiatives, believing they will drive GEO Group’s revenues higher.
Beyond the market reactions, Trump’s win has reignited a heated social media debate on immigration. An ICE hotline number to report undocumented immigrants began circulating online, with various users encouraging the public to call in. Some posts shared the number with phrases like, “Here’s the immigration number – start with the houses that got too many cars in the driveway.”
Prominent conservative commentator Tomi Lahren fueled the fire with a post saying, “So… when do deportations start?” She added that she believes undocumented immigrants should be given a 90-day period to “self-deport” and then apply legally.
Not all reactions were supportive. Others voiced their frustration over the aggressive language, with one social media user commenting, “If you’re a first-generation American who voted for Trump, I hope they deport your parents AND your bald-headed grandma. Matter of fact, I’m CALLING ICE PERSONALLY.”
As political tension around immigration rises, the surge in GEO Group’s stock reflects investor confidence that Trump’s return could mean expanded detention policies, and GEO is poised to benefit from a renewed focus on stringent immigration control. For now, the immigration debate—and GEO Group’s stock—continues to heat up as the nation waits to see what comes next.
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