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GEO / Why Michael Burry Is Betting Big on Prison Stocks GEO, CXW

Why Michael Burry Is Betting Big on Prison Stocks GEO, CXW
Michael Burry — the notorious hedge fund manager who bet against the housing market before the 2008 financial crisis — is eyeing a new investment lately: prison stocks. Indeed, the investor of The Big Short fame is apparently fixated on the prison industry, which makes up more than half of his current portfolio according to a recent 13F filing with the U.S. Securities and Exchange Commission (SEC). Read More
Posted: Nov 15 2022, 14:09
Author Name: InvestorPlace
Views: 111694

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By InvestorPlace
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GEO Group (GEO) Beats Q2 EPS Estimates, Updates 2023 Outlook

By Zacks Investment Research
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GEO Group's (GEO) second-quarter results reflect better-than-expected revenues for the quarter, though an increase in net interest expenses acts as a more_horizontal

The GEO Group Stock May Have Bottomed - Buy

By Seeking Alpha
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The GEO Group Stock May Have Bottomed - Buy

The GEO Group has seen a prolonged decline in its stock price due to the very nature of its business model, rising interest rates, and lack of capital more_horizontal


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