When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
GEO - GEO Group: How I Got This One Completely Wrong
Geo Group Inc REIT
GEO's fundamentals have dramatically worsened under the Biden administration with an Executive Order that would prevent contract renewals for private prison operators.
Subsequent dividend cuts turned out to be inevitable as GEO had to shift its capital allocation strategy to address its massive debt load.
In this article, I will review my original thesis on GEO, explain what went wrong, and discuss important lessons that investors can learn from this experience.