CoreCivic (NYSE:CXW) Stock, Quote.Headers.trade-ideas

CoreCivic

CoreCivic Inc is an owner and operator of private prisons and detention centers in the United States. It operates in three segments: Safety, Community, and Properties. The Community segment owns and operates residential reentry centers. The Properties segment owns properties for lease to third parties and government agencies. The vast majority of the company's revenue comes from the CoreCivic Safety segment which consists of correctional and detention facilities that are owned, or controlled via a long-term lease, and managed by the company, as well as those correctional and detention facilities owned by third parties but managed by CoreCivic.

Politics

Movers

Trading Ideas

One of the most covered topics during the first presidential debate was immigration, which could put prison stocks back in the spotlight.

Prison Stocks Gain After Presidential Debate: Winners Regardless Of Trump Or Biden In Office?

Stocks Photo by Jirapong Manustrong on Shutterstock

Long Ideas

News

Pre-Market Outlook

Markets

AMWD

ATKR

Top 3 Industrials Stocks That May Rocket Higher in Q2

PSU stocks with FII shareholding.

Eurozone

Commodities

Intraday Update

AISP

BNED

CURI

CVGW

TPET

Nasdaq Surges 100 Points; CoreCivic Shares Plummet

CoreCivic Inc

Wedbush analyst Jay McCanless reiterates CoreCivic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>) with a Neutral and maintains $14 price target.

Price Target

Reiteration

Analyst Ratings

Wedbush Reiterates Neutral on CoreCivic, Maintains $14 Price Target

WIIM

Shares of prison stocks are trading lower following last night's presidential debate.

DOJ Opens Investigation Into Tennessee Prison Operated By CoreCivic

Anthony Grande, EVP at CoreCivic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>), disclosed an insider sell on August 15, according to a recent SEC filing.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001070985/000095017024097596//Archives/edgar/data/1070985/000095017024097596/0000950170-24-097596-index.htm">U.S. Securities and Exchange Commission</a> on Thursday outlined that Grande executed a sale of 15,000 shares of CoreCivic with a total value of $192,450.
Tracking the Friday's morning session, CoreCivic shares are trading at $12.78, showing a down of 0.0%.
<h3>About CoreCivic</h3>
CoreCivic Inc is an owner and operator of private prisons and detention centers in the United States. It operates in three segments: Safety, Community, and Properties. The Community segment owns and operates residential reentry centers. The Properties segment owns properties for lease to third parties and government agencies. The vast majority of the company's revenue comes from the CoreCivic Safety segment which consists of correctional and detention facilities that are owned, or controlled via a long-term lease, and managed by the company, as well as those correctional and detention facilities owned by third parties but managed by CoreCivic.
<h3>CoreCivic's Economic Impact: An Analysis</h3>
Revenue Growth: CoreCivic's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 5.7%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: The company shows a low gross margin of 23.34%, indicating concerns regarding cost management and overall profitability relative to its industry counterparts.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, CoreCivic exhibits below-average bottom-line performance with a current EPS of 0.17.
</li>
</ul>
Debt Management: CoreCivic's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.7.
In-Depth Valuation Examination:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 21.3 is lower than the industry average, implying a discounted valuation for CoreCivic's stock.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 0.74, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry benchmarks at 8.09, CoreCivic presents an attractive value opportunity.
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Impact of Insider Transactions on Investments</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Understanding Crucial Transaction Codes</h3>
When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001070985">Check Out The Full List Of CoreCivic's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

CoreCivic Recent Insider Activity

A substantial insider sell was reported on August 14, by David Churchill, Chief Human Resources at CoreCivic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>), based on the recent SEC filing.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001070985/000095017024097128//Archives/edgar/data/1070985/000095017024097128/0000950170-24-097128-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday outlined that Churchill executed a sale of 35,000 shares of CoreCivic with a total value of $441,700.
The latest update on Thursday morning shows CoreCivic shares up by 0.54%, trading at $12.96.
<h3>Delving into CoreCivic's Background</h3>
CoreCivic Inc is an owner and operator of private prisons and detention centers in the United States. It operates in three segments: Safety, Community, and Properties. The Community segment owns and operates residential reentry centers. The Properties segment owns properties for lease to third parties and government agencies. The vast majority of the company's revenue comes from the CoreCivic Safety segment which consists of correctional and detention facilities that are owned, or controlled via a long-term lease, and managed by the company, as well as those correctional and detention facilities owned by third parties but managed by CoreCivic.
<h3>Understanding the Numbers: CoreCivic's Finances</h3>
Revenue Growth: Over the 3 months period, CoreCivic showcased positive performance, achieving a revenue growth rate of 5.7% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.
Key Insights into Profitability Metrics:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 23.34%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): CoreCivic's EPS reflects a decline, falling below the industry average with a current EPS of 0.17.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.7, CoreCivic adopts a prudent financial strategy, indicating a balanced approach to debt management.
Evaluating Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 21.48 is lower than the industry average, implying a discounted valuation for CoreCivic's stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a P/S ratio of 0.75 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): CoreCivic's EV/EBITDA ratio at 8.13 suggests potential undervaluation, falling below industry averages.
</li>
</ul>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Navigating the Impact of Insider Transactions on Investments</h3>
While insider transactions should not be the sole basis for making investment decisions, they can play a significant role in an investor's decision-making process.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>A Deep Dive into Insider Transaction Codes</h3>
Taking a closer look at transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, meticulously cataloged in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A signifies a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001070985">Check Out The Full List Of CoreCivic's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Unloading: David Churchill Sells $441K Worth Of CoreCivic Shares

A substantial insider sell was reported on August 14, by Damon Hininger, President &amp; CEO at CoreCivic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>), based on the recent SEC filing.
What Happened: After conducting a thorough analysis, Hininger sold 31,996 shares of CoreCivic. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001070985/000095017024097139//Archives/edgar/data/1070985/000095017024097139/0000950170-24-097139-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total transaction value is $399,950.
Monitoring the market, CoreCivic's shares up by 0.54% at $12.96 during Thursday's morning.
<h3>Get to Know CoreCivic Better</h3>
CoreCivic Inc is an owner and operator of private prisons and detention centers in the United States. It operates in three segments: Safety, Community, and Properties. The Community segment owns and operates residential reentry centers. The Properties segment owns properties for lease to third parties and government agencies. The vast majority of the company's revenue comes from the CoreCivic Safety segment which consists of correctional and detention facilities that are owned, or controlled via a long-term lease, and managed by the company, as well as those correctional and detention facilities owned by third parties but managed by CoreCivic.
<h3>Breaking Down CoreCivic's Financial Performance</h3>
Revenue Growth: CoreCivic displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 5.7%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Industrials sector.
Profitability Metrics:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 23.34%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): CoreCivic's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.17.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.7, CoreCivic adopts a prudent financial strategy, indicating a balanced approach to debt management.
Analyzing Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 21.48 is lower than the industry average, implying a discounted valuation for CoreCivic's stock.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 0.75 is lower than the industry average, implying a discounted valuation for CoreCivic's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 8.13 is below the industry average, indicating that it may be relatively undervalued compared to peers.
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Transactions Are Key in Investment Decisions</h3>
Insider transactions, although significant, should be considered within the larger context of market analysis and trends.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Deciphering Transaction Codes in Insider Filings</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001070985">Check Out The Full List Of CoreCivic's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

President & CEO Of CoreCivic Sold $399K In Stock

CoreCivic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>) has been analyzed by 3 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $14.0, a high estimate of $14.00, and a low estimate of $14.00. This current average has decreased by 10.66% from the previous average price target of $15.67. 
<img src="https://www.benzinga.com/files/images/story/2024/1723233648_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
A clear picture of CoreCivic's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jay McCanless</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$14.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Jay McCanless</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$14.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Jay McCanless</td>
<td>Wedbush</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$14.00</td>
<td>$19.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to CoreCivic. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of CoreCivic compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
To gain a panoramic view of CoreCivic's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/CXW/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on CoreCivic analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>About CoreCivic</h2>
CoreCivic Inc is an owner and operator of private prisons and detention centers in the United States. It operates in three segments: Safety, Community, and Properties. The Community segment owns and operates residential reentry centers. The Properties segment owns properties for lease to third parties and government agencies. The vast majority of the company's revenue comes from the CoreCivic Safety segment which consists of correctional and detention facilities that are owned, or controlled via a long-term lease, and managed by the company, as well as those correctional and detention facilities owned by third parties but managed by CoreCivic.
<h3>CoreCivic: Financial Performance Dissected</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Challenges: CoreCivic's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -2.11%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: CoreCivic's net margin is impressive, surpassing industry averages. With a net margin of 3.87%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): CoreCivic's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 1.31%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.64%, the company showcases effective utilization of assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.7.
<h2>Analyst Ratings: Simplified</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Expectations For CoreCivic's Future

CoreCivic previously withdrew its financial&nbsp;guidance&nbsp;during the&nbsp;second quarter&nbsp;of 2024. Based on current business conditions, it is providing the following financial&nbsp;guidance&nbsp;for the full year 2024:
<table align="center">
<tbody>
<tr>
<td>Guidance
			Full Year 2024</td>
</tr>
<tr>
<td>&bull; Net income</td>
<td>$42.0 million&nbsp;to&nbsp;$50.4 million</td>
</tr>
<tr>
<td>&bull;&nbsp;Adjusted Net Income</td>
<td>$65.6 million&nbsp;to&nbsp;$73.6 million</td>
</tr>
<tr>
<td>&bull;&nbsp;Diluted EPS</td>
<td>$0.37&nbsp;to&nbsp;$0.45</td>
</tr>
<tr>
<td>&bull;&nbsp;Adjusted Diluted EPS</td>
<td>$0.58&nbsp;to&nbsp;$0.66</td>
</tr>
<tr>
<td>&bull;&nbsp;FFO per diluted share</td>
<td>$1.28&nbsp;to&nbsp;$1.36</td>
</tr>
<tr>
<td>&bull;&nbsp;Normalized FFO per diluted share</td>
<td>$1.48&nbsp;to&nbsp;$1.56</td>
</tr>
<tr>
<td>&bull;&nbsp;EBITDA</td>
<td>$268.0 million&nbsp;to&nbsp;$274.6 million</td>
</tr>
<tr>
<td>&bull;&nbsp;Adjusted EBITDA</td>
<td>$302.4 million&nbsp;to&nbsp;$308.4 million</td>
</tr>
</tbody>
</table>

Guidance

CoreCivic Expects FY24 Normalized FFO Per share Of $1.48 - $1.56, Est $1.32

CoreCivic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>) reported quarterly Normalized FFO of $0.42 per share which beat the analyst consensus estimate of $0.35 by 20 percent. This is a 27.27 percent increase over earnings of $0.33 per share from the same period last year. The company reported quarterly sales of $490.109 million which beat the analyst consensus estimate of $481.869 million by 1.71 percent. This is a 5.70 percent increase over sales of $463.682 million the same period last year.

Earnings

Earnings Beats

CoreCivic Q2 2024 Normalized FFO $0.42 Beats $0.35 Estimate, Sales $490.109M Beat $481.869M Estimate

POWW

SPWH

SWBI

Shares of prison and firearm stocks are trading higher following the attempted assassination of Donald Trump, which has lifted stocks that could benefit from a Trump presidency on Monday.

Jones Trading analyst Jason Weaver initiates coverage on CoreCivic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>) with a Hold rating.

Initiation

Jones Trading Initiates Coverage On CoreCivic with Hold Rating

The stock market is reacting to the first 2024 presidential debate and prison stocks could be the winner based on what was said by the<a href="https://www.benzinga.com/news/24/06/39543594/biden-vs-trump-flash-poll-picks-debate-winner-but-over-one-third-of-voters-doubt-his-ability-to-lead"> two candidates Thursday night.</a>
What Happened: A public company co-founded by former President Donald Trump <a href="https://www.benzinga.com/general/social-media/24/06/39490695/trump-media-technology-group-in-focus-for-2024-presidential-debate-will-publicly-traded-comp">was in the spotlight</a> during the week heading into the election, but it may have to take a back seat to a new investment idea for the 2024 election.
Shares of Trump Media &amp; Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) were up 13% in premarket trading Friday before falling and trading in the red by midday. The stock surged by double digits last week as investors saw it as a prime opportunity to gain exposure to Trump.
While the Trump-connected social media stock couldn't hold its gains after the debate, two prison stocks were enjoying a lift the morning after the debate.
The Geo Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) and CoreCivic Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>) are up 4% and 3% respectively at the time of writing.
The prison stocks are trading higher after immigration and the border were among the most talked about topics during the 2024 presidential debate.
<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/05/38882141/exclusive-andrew-left-shorted-gamestop-here-are-his-3-long-stock-ideas">Benzinga recently highlighted</a> The Geo Group as one of the stocks recommended by Citron Research's Andrew Left. While Left is best known for his short calls, including betting against GameStop, he has been a bull of The Geo Group for some time.
"Definitely think the stock's going to $30," Left recently said.
Left said he started writing about the private prison company when it was $8 a share. "They do the job that no one wants to do."
He noted that the company handles immigration detention centers and prisons, and has government contracts in place.
According to Left, the Biden administration&#8217;s efforts to eliminate private prisons initially devastated the stock. However, with the news cycle now heavily focused on the migrant crisis, Left believes this presents the perfect setup for the company and its stock to rebound.
Along with Left, "Big Short" investor Michael Burry has<a href="https://www.benzinga.com/news/small-cap/23/09/34451235/short-seller-titans-agree-michael-burry-citron-both-like-this-stock"> also been bullish</a> on The Geo Group.
Related Link: <a href="https://www.benzinga.com/general/politics/24/06/39538536/trump-vs-biden-2024-presidential-candidates-tied-ahead-of-first-debate-abortion-hits-high-for-be">Trump Vs. Biden: 2024 Presidential Candidates Tied Ahead Of First Debate, Abortion Hits High For Being &#8216;Very Important&#8217; To Voters</a>
Why It's Important: While many voters and investors were eager to hear the candidates discuss topics like cryptocurrency, cannabis, and artificial intelligence, none of these issues received significant attention during the debate.
A <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39534741/presidential-debate-goes-interactive-drinking-game-bingo-prediction-contest-for-2024-elect">drinking game</a> by the New York Post highlighted that Trump mentioned migrant crime twice during the debate, while the border was referenced 15 times overall. For comparison, Russia, which was anticipated to be a major topic, was mentioned 13 times.
Immigration is becoming one of the biggest topics for voters in the 2024 election. A recent Morning Consult poll of nationally registered voters revealed that 65% of voters consider immigration to be &#8220;very important&#8221; to their vote in the 2024 election, up from 50% who said the same in November 2022.
While Trump is known for his tough comments on immigration, President Joe Biden recently announced new restrictions on asylum for people who cross the southern border illegally.
The Geo Group and CoreCivic shares could be trading higher based on Trump being the perceived winner of the first 2024 presidential debate, but based on immigration taking center stage, prison stocks may be able to enjoy gains going forward with either candidate in the White House in 2025.
A planned second presidential debate could see immigration take center stage again, and both candidates are likely to use the topic on the campaign trail.
 GEO, CVX Price Action: The Geo Group shares are up 4% to $14.11 on Friday, versus a 52-week trading range of $6.94 to $16.31.
CoreCivic shares are up 3% to $12.65 on Friday, versus a 52-week trading range of $9.06 to $16.54.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/government/24/03/37833506/supreme-court-upholds-texas-border-enforcement-law-two-prison-stocks-react">Supreme Court Upholds Texas Border Enforcement Law: Two Prison Stocks React</a></li>
</ul>
Photo: Shutterstock

Shares of prison stocks are trading higher following last night's Trump-Biden debate.

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">American Woodmark Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMWD#NASDAQ">AMWD</a>)</h3>
<ul>
<li>On May 23, American Woodmark posted downbeat quarterly earnings. &#8220;Our teams delivered another strong quarter despite the soft remodel market demand environment,&#8221; said Scott Culbreth, President and CEO. The company's stock fell around 15% over the past month and has a <a href="https://www.benzinga.com/quote/AMWD">52-week low of $65.01 </a>&lt;/em>&lt;/a>.</li>
<li>RSI Value: 28.69</li>
<li>AMWD Price Action: Shares of American Woodmark gained 1.1% to close at $79.75 on Friday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent062424&amp;t=be2bearmibe3na1">latest American Woodmark's news</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="680" height="756" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/23134620/Screenshot-2024-06-23-at-11.16.15-PM.png" alt="" class="wp-image-400788" style="width:420px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/23134620/Screenshot-2024-06-23-at-11.16.15-PM.png 680w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/23134620/Screenshot-2024-06-23-at-11.16.15-PM-270x300.png 270w" sizes="(max-width: 680px) 100vw, 680px" /></figure>
<h3 class="wp-block-heading">Atkore Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATKR#NYSE">ATKR</a>)</h3>
<ul>
<li>On May 7, Atkore reported worse-than-expected second-quarter sales results and cut its FY24 adjusted EPS guidance. &#8220;Atkore achieved solid results in the second quarter having met our projections for Net Sales and exceeding our projections for Adjusted EBITDA and Adjusted Diluted EPS we presented in February,&#8221; said Bill Waltz, Atkore President and Chief Executive Officer. The company's stock fell around 13% over the past month. It <a href="https://www.benzinga.com/quote/ATKR">has a 52-week low</a> of $121.00.</li>
<li>RSI Value: 28.53</li>
<li>ATKR Price Action: Shares of Atkore rose 0.2% to close at $134.49 on Friday.</li>
<li><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent062424&amp;t=be2bearmibe3na1">Benzinga Pro's charting tool</a> helped identify the trend in Atkore's stock.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="690" height="758" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/23134711/Screenshot-2024-06-23-at-11.17.04-PM.png" alt="" class="wp-image-400789" style="width:463px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/23134711/Screenshot-2024-06-23-at-11.17.04-PM.png 690w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/23134711/Screenshot-2024-06-23-at-11.17.04-PM-273x300.png 273w" sizes="(max-width: 690px) 100vw, 690px" /></a></figure>
<h3 class="wp-block-heading">Corecivic Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>)</h3>
<ul>
<li>On June 11, CoreCivic announced that it received a notice from the U.S. Immigration and Customs Enforcement that the agency intends to terminate its inter-governmental service agreement for services at the South Texas Family Residential Center.. The company's stock fell around 27% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/CXW">low of $9.06</a>.</li>
<li>RSI Value: 23.69</li>
<li>CXW Price Action: Shares of Corecivic rose 0.4% to close at $11.37 on Friday.</li>
<li>Benzinga Pro's signals feature notified of a potential <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent062424&amp;t=be2bearmibe3na1">breakout in CXW's shares</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="668" height="744" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/23134814/Screenshot-2024-06-23-at-11.18.09-PM.png" alt="" class="wp-image-400790" style="width:436px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/23134814/Screenshot-2024-06-23-at-11.18.09-PM.png 668w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/23134814/Screenshot-2024-06-23-at-11.18.09-PM-269x300.png 269w" sizes="(max-width: 668px) 100vw, 668px" /></a></figure>
Read More: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/06/39432128/2m-bet-on-exxon-mobil-check-out-these-3-stocks-insiders-are-buying">$2M Bet On Exxon Mobil? Check Out These 3 Stocks Insiders Are Buying</a>

U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite gaining around 100 points on Tuesday.
The Dow traded down 0.39% to 38,718.00 while the NASDAQ rose 0.60% to 17,295.62. The S&amp;P 500 also rose, gaining, 0.10% to 5,366.07.
Check This Out: <a href="https://www.benzinga.com/news/24/06/39269848/alphabet-to-rally-over-28-here-are-10-top-analyst-forecasts-for-tuesday">Alphabet To Rally Over 28%? Here Are 10 Top Analyst Forecasts For Tuesday</a>
Leading and Lagging Sectors Information technology shares climbed by 1.3% on Tuesday.
In trading on Tuesday, financials shares fell by 1.2%.
Top Headline
Shares of Calavo Growers, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>) rose more than 5% during Tuesday's session after the company reported second-quarter financial results.
Total net sales surged 16.5% year-over-year to $184.4 million during the quarter. Adjusted net income surged to $8.9 million, or 50 cents per diluted share, from $5.1 million, or 29 cents per diluted share for the year-ago quarter.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Trio Petroleum Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPET#NYSE">TPET</a>) shares shot up 58% to $0.3643 after the company completed its first two exploratory wells.</li>
<li>Shares of CuriosityStream Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CURI#NASDAQ">CURI</a>) got a boost, surging 24% to $1.22 as the company announced a share repurchase plan.</li>
<li>Airship AI Holdings, Inc.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AISP#NASDAQ">AISP</a>) shares were also up, gaining 37% to $4.3099. Airship AI announced a six-figure sole-source contract award within the Department of Justice for Acropolis Enterprise Video and Data Management Platform.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Target Hospitality Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TH#NASDAQ">TH</a>) shares dropped 32% to $7.12 after the company announced that it received notice that the U.S. government intends to terminate the existing South Texas Family Residential Center services agreement with its migrant programming partner.</li>
<li>Shares of Barnes &amp; Noble Education, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BNED#NYSE">BNED</a>) were down 30% to $0.0943. Barnes &amp; Noble Education announced leadership changes and reverse stock split.</li>
<li>CoreCivic, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>) was down, falling 21% to $11.73 after the company announced that it received a termination notice from the U.S. Immigration and Customs Enforcement Agency (ICE).</li>
</ul>
Also Check This Out: <a href="https://www.benzinga.com/24/06/39268348/top-3-real-estate-stocks-which-could-rescue-your-portfolio-in-q2">Top 3 Real Estate Stocks Which Could Rescue Your Portfolio In Q2</a> 
Commodities In commodity news, oil traded up 0.3% to $77.99 while gold traded up 0.2% at $2,330.70.
Silver traded down 1.9% to $29.305 on Tuesday, while copper fell 0.6% to $4.5145.
Euro zone
European shares closed lower today. The eurozone's STOXX 600 fell 0.93%, Germany's DAX declined 0.68% and France's CAC 40 fell 1.33%. Spain's IBEX 35 Index fell 1.60%, while London's FTSE 100 fell 0.98%.
The number of people in work in the UK fell by 139 thousand during the three months to April, while average weekly earnings including bonuses rose 5.9% year-over-year to GBP 687 per week. The UK's unemployment rate increased to 4.4% from February to April, compared to the prior three-month period's 4.3% level.
Asia Pacific Markets
Asian markets closed mixed on Tuesday, with Japan's Nikkei gaining 0.25%, Hong Kong's Hang Seng Index falling 1.04%, China's Shanghai Composite Index declining 0.76% and India's S&amp;P BSE Sensex gaining 0.2%.
Japan's machine tool orders gained by 4.2% year-over-year to JPY 124,554 million in May compared to an 11.6% decline in the prior month.
Economics
The NFIB Small Business Optimism Index climbed to 90.5 in May, notching the highest level in five months, compared to 89.7 in April and also topping market estimates of 89.8.
Now Read This: <a href="https://www.benzinga.com/news/24/06/39267663/wall-streets-most-accurate-analysts-give-their-take-on-3-financial-stocks-with-over-7-dividend-yield">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Financial Stocks With Over 7% Dividend Yields</a>

CoreCivic, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>) stock is moving lower Tuesday after the company announced that it received a termination notice from the <a href="https://www.benzinga.com/wiim/24/06/39267759/corecivic-shares-are-trading-lower-after-the-company-announced-that-it-received-a-notice-from-the-u">U.S. Immigration and Customs Enforcement Agency (ICE)</a>.
What To Know: The company received notice from ICE that it will terminate CoreCivic&#8217;s services at the South Texas Family Residential Center effective around August 9.
The South Texas Family Residential Center currently focuses on the detention of single adults with a population of about 1,561. CoreCivic is halting its financial guidance for fiscal year 2024. The company anticipates impact resulting in a decrease of fiscal year EPS by around 38 to 41 cents.
How To Buy CoreCivic Stock
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in CoreCivic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>)'s case, it is in the Industrials sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
Related Link: <a href="https://www.benzinga.com/real-estate/24/06/39248170/why-san-francisco-has-only-granted-16-new-home-permits-this-year">Why San Francisco Has Only Granted 16 New Home Permits This Year</a>
CXW Price Action: CoreCivic shares are currently down 20.7% at $11.73 per data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: Share market Photo by AshDesign on Shutterstock

Why CoreCivic Shares Are Moving Lower Tuesday

Shares of Contango Ore, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTGO#NYSE">CTGO</a>) fell sharply during Tuesday's session after the company announced pricing of $15 million <a href="https://www.benzinga.com/quote/CTGO/news">underwritten public offering</a>.
Contango Ore shares dipped 18.4% to $20.34 on Tuesday.
Here are some other stocks moving in today&#8217;s mid-day session.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Trio Petroleum Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPET#NYSE">TPET</a>) shares jumped 88.2% to $0.4254 after the company completed its first two exploratory wells.</li>
<li>Airship AI Holdings, Inc.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AISP#NASDAQ">AISP</a>) shares climbed 32.5% to $4.1599. Airship AI announced a six-figure sole-source contract award within the Department of Justice for Acropolis Enterprise Video and Data Management Platform.</li>
<li>Blue World Acquisition Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BWAQ#NASDAQ">BWAQ</a>) shares gained 30.3% to $9.20 after declining around 4% on Monday.</li>
<li>ShiftPixy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIXY#NASDAQ">PIXY</a>) climbed 29.8% to $1.8950.</li>
<li>Kaixin Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KXIN#NASDAQ">KXIN</a>) rose 26.5% to $0.1769 after gaining around 4% on Monday.</li>
<li>U-BX Technology Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UBXG#NASDAQ">UBXG</a>) jumped 24% to $11.88.</li>
<li>CuriosityStream Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CURI#NASDAQ">CURI</a>) rose 24% to $1.24 as the company announced a share repurchase plan.</li>
<li>Nauticus Robotics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KITT#NASDAQ">KITT</a>) gained 21.4% to $0.2802 after surging 49% on Monday.</li>
<li>E-Home Household Service Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EJH#NASDAQ">EJH</a>) rose 19.7% to $0.5270.</li>
<li>Calavo Growers, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>) rose 14.1% to $28.50 after the company reported second-quarter financial results.</li>
<li>Moving iMage Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MITQ#NASDAQ">MITQ</a>) shares rose 13.1% to $0.6645.</li>
<li>Shoals Technologies Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHLS#NASDAQ">SHLS</a>) rose 10% to $7.49 after the company authorized a share repurchase program of up to $150 million and entered into a $25 million accelerated share repurchase agreement with Jefferies.</li>
<li>Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRBP#NASDAQ">CRBP</a>) jumped 8.8% to $47.74. RBC Capital analyst Brian Abrahams maintained Corbus Pharmaceuticals with an Outperform and raised the price target from $77 to $82.</li>
<li>Lixiang Education Holding Co., Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LXEH#NASDAQ">LXEH</a>) gained 8.3% to $0.3670.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Big Tree Cloud Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DSY#NASDAQ">DSY</a>) dipped 37.1% to $6.78.</li>
<li>Target Hospitality Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TH#NASDAQ">TH</a>) shares fell 35.5% to $6.78 after the company announced that it received notice that the U.S. government intends to terminate the existing South Texas Family Residential Center services agreement with its migrant programming partner.</li>
<li>Greenwave Technology Solutions, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GWAV#NASDAQ">GWAV</a>) dipped 32% to $1.98. Greemwabe Technology Solutions recently announced that its downstream processing system generated record revenues in May, 2024 and reaffirmed its confidence in exceeding its revenue guidance.</li>
<li>Barnes &amp; Noble Education, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BNED#NYSE">BNED</a>) declined 29.7% to $0.0941. Barnes &amp; Noble Education announced leadership changes and reverse stock split.</li>
<li>Sify Technologies Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIFY#NASDAQ">SIFY</a>) fell 25% to $0.44. Sify Technologies recently announced the voluntary delisting date of its ADS rights from Nasdaq.</li>
<li>CalAmp Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAMP#NASDAQ">CAMP</a>) dipped 23% to $0.5009.</li>
<li>CoreCivic, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>) shares fell 19.7% to $11.88 after the company announced that it received a notice from the U.S. Immigration and Customs Enforcement that the agency intends to terminate its inter-governmental service agreement for services at the South Texas Family Residential Center.</li>
<li>Vicarious Surgical Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBOT#NYSE">RBOT</a>) declined 19.5% to $0.2878 after the company announced a reverse stock split.</li>
<li>Velo3D, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLD#NYSE">VLD</a>) fell 19% to $0.1151 after the company announced a 1-for-35 reverse stock split.</li>
<li>ProKidney Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PROK#NASDAQ">PROK</a>) shares fell 16.1% to $2.5350 after the company announced a proposed $125 million public offering of class A ordinary shares and concurrent registered direct offering.</li>
<li>ZIM Integrated Shipping Services Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) shares fell 14.9% to $17.48 after gaining 5% on Monday.</li>
<li>MIND Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MIND#NASDAQ">MIND</a>) dipped 13.6% to $4.8699 following weak quarterly sales.</li>
<li>Rapport Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RAPP#NASDAQ">RAPP</a>) fell 13.4% to $22.67.</li>
<li>Montana Technologies Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRJ#NASDAQ">AIRJ</a>) fell 12.8% to $8.80.</li>
<li>Hut 8 Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUT#NASDAQ">HUT</a>) fell 8.6% to $9.00</li>
<li>Hoth Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOTH#NASDAQ">HOTH</a>) shares fell 7.8% to $0.9225. Hoth Therapeutics shares fell around 12% on Monday after the company announced a joint development agreement with Wise Systems International to utilize the BioNeMo AI platform of Nvidia.</li>
<li>Array Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARRY#NASDAQ">ARRY</a>) fell 6.9% to $13.02. Array Technologies announced the departure of Chief Financial Officer.</li>
<li>CleanSpark, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) fell 6.6% to $14.66 amid a pullback in Bitcoin.</li>
<li>Yext, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YEXT#NYSE">YEXT</a>) shares declined 6.3% to $4.7208 after the company reported worse-than-expected first-quarter financial results, issued weak second-quarter guidance and announced it will acquire Hearsay Systems.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/24/06/39269848/alphabet-to-rally-over-28-here-are-10-top-analyst-forecasts-for-tuesday">Alphabet To Rally Over 28%? Here Are 10 Top Analyst Forecasts For Tuesday</a>

AIRJ

ARRY

BWAQ

CAMP

CLSK

CRBP

CTGO

GWAV

HOTH

KITT

KXIN

LXEH

MIND

MITQ

PIXY

PROK

RAPP

RBOT

SHLS

SIFY

UBXG

YEXT

Why Contango Ore Shares Are Trading Lower By 18%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

<h3>Gainers</h3>
<ul>
<li>Nuburu (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BURU#AMEX">BURU</a>) shares rose 14.4% to $0.21 during Tuesday's regular session. The market value of their outstanding shares is at $8.0 million. </li>
<li>Terran Orbital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLAP#NYSE">LLAP</a>) shares increased by 13.23% to $0.83. The market value of their outstanding shares is at $167.6 million. </li>
<li>Solidion Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STI#NASDAQ">STI</a>) stock rose 13.17% to $1.6. The company's market cap stands at $138.6 million. As per the press release, Q1 earnings came out 2 days ago. </li>
<li>Nauticus Robotics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KITT#NASDAQ">KITT</a>) shares increased by 11.86% to $0.26. The market value of their outstanding shares is at $16.1 million. </li>
<li>Getaround (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GETR#NYSE">GETR</a>) stock moved upwards by 11.72% to $0.16. The company's market cap stands at $15.0 million. </li>
<li>ShiftPixy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIXY#NASDAQ">PIXY</a>) shares increased by 11.63% to $1.63. The market value of their outstanding shares is at $11.0 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Greenwave Tech Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GWAV#NASDAQ">GWAV</a>) shares decreased by 28.9% to $2.07 during Tuesday's regular session. The market value of their outstanding shares is at $11.9 million. </li>
<li>Northann (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/NCL#AMEX">NCL</a>) shares fell 27.01% to $0.3. The company's market cap stands at $6.9 million. </li>
<li>CoreCivic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>) stock declined by 20.22% to $11.8. The market value of their outstanding shares is at $1.3 billion. </li>
<li>ZIM Integrated Shipping (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) shares fell 14.81% to $17.5. The market value of their outstanding shares is at $2.1 billion. </li>
<li>AERWINS Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AWIN#NASDAQ">AWIN</a>) shares fell 11.63% to $3.8. The company's market cap stands at $3.5 million. </li>
<li>Montana Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRJ#NASDAQ">AIRJ</a>) stock decreased by 11.33% to $8.94. The market value of their outstanding shares is at $481.1 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AWIN

BURU

GETR

LLAP

Nuveen Insured California Premium Fund Ii

12 Industrials Stocks Moving In Tuesday's Intraday Session

Corecivic FFO of $0.42 beats by $0.05, revenue of $490.11M beats by $8.24M

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
CoreCivic (NYSE:<a href="https://investorplace.com/stock-quotes/cxw-stock-quote/">CXW</a>) just reported results for the second quarter of 2024.<ul><li>CoreCivic reported earnings per share of 42 cents. This was above the analyst estimate for EPS of 37 cents.</li><li>The company reported revenue of $490.11 million.</li><li>This was 1.69% better than the analyst estimate for revenue of $481.97 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul>The post <a href="https://investorplace.com/earning-results/2024/08/cxw-stock-earnings-corecivic-for-q2-of-2024/">CXW Stock Earnings: CoreCivic Beats EPS, Beats Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

CXW Stock Earnings: CoreCivic Beats EPS, Beats Revenue for Q2 2024

CoreCivic, Inc. (CXW) Q2 2024 Earnings Call Transcript

Warning: CXW is at high risk of performing badly

There's a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on CoreCivic (CXW – Research Report), Arlo Techno...

Analysts Offer Insights on Industrial Goods Companies: CoreCivic (CXW), Arlo Technologies (ARLO) and GE Aerospace (GE)

Analysts fell to the sidelines weighing in on Forward Air (FWRD – Research Report), CoreCivic (CXW – Research Report) and AMMO (POWW – Research Rep...

Analysts Offer Insights on Industrial Goods Companies: Forward Air (FWRD), CoreCivic (CXW) and AMMO (POWW)

CoreCivic shares slip on Justice Department investigation of Tennessee prison

CoreCivic: Political Uncertainty Leads To Ratings Downgrade

In a report released today, Henry Coffey from Wedbush reiterated a Hold rating on CoreCivic (CXW – Research Report), with a price target of $14.00....

Wedbush Keeps Their Hold Rating on CoreCivic (CXW)

ARLO

FWRD

Press Releases

CoreCivic Announces Upsizing and Pricing of $500 Million 8.25% Senior Notes Due 2029

CoreCivic Announces Upsizing and Pricing of $500 Million 8.25% Senior Notes Due 2029 | CXW Stock News

Management

CoreCivic Appoints Catherine Hernandez-Blades and Alexander R. Fischer to its Board of Directors; CoreCivic Also Announces Planned Retirement of Long-Term Board Member Donna Alvarado

CoreCivic Announces Closing of Offering of $500 Million of 8.250% Senior Notes Due 2029 and Expiration and Results of Tender Offer for 2026 Notes

CoreCivic to Redeem 8.250% Senior Notes Due 2026

CoreCivic Announces 2024 First Quarter Earnings Release and Conference Call Dates

CoreCivic Reports First Quarter 2024 Financial Results

Contracts

General

CoreCivic Receives Termination Notice From U.S. Immigration and Customs Enforcement At South Texas Family Residential Center

CoreCivic Announces 2024 Second Quarter Earnings Release and Conference Call Dates

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Comments

CoreCivic

CoreCivic (CXW) Forecast

CoreCivic (NYSE:CXW) Stock, Quote.Headers.trade-ideas