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GEO News and Press, Geo Group Inc REIT From 04/08/21

Stock Information

Company Name: Geo Group Inc REIT
Stock Symbol: GEO
Market: NYSE
Website: geogroup.com

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GEO - VERY leads financial gainers, COHN and LOAN among losers

Gainers: Vericity (VERY) +63%. Rice Acquisition (RICE) +42%. Century Bancorp (CNBKA) +25%. Rodgers Silicon Valley Acquisition (RSVAU) +21%.Losers: Manhattan Bridge Capital (LOAN) -8%. dMY Technology Group (DMYD) -7%. The GEO Group (GEO) -6%. Cohen & Company (COHN) -5%. For further ...

GEO - Geo Group Cuts The Dividend: What Now?

GEO finally eliminated its dividend - sending the stock down 20%. Even after the crash, the stock still is not cheap when you dig deep into the numbers. I estimate that 49% of revenues are attributable to entities that are likely to significantly pare back their exposure with GEO....

GEO - The GEO Group, Inc. (GEO) - Suspends Dividend Evaluating Corporate Structure

Dividend Suspension. In a not so surprising move, GEO Group announced it is immediately suspending the quarterly dividend. The suspension eliminates approximately $30 million in quarterly dividend payments. Management expects to use the dividend savings and lowered capital expenditure plans to...

GEO - What Did the Stock Market Do Today? 3 Big Stories to Catch Up On.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips What a busy day. Electric vehicle stocks were on the move, cryptos cooled down and a bunch of federal policies saw stocks moving. So what all did the stock market do today? Dive in with  InvestorPlace below. Sourc...

GEO - Private Prison Stocks: Why GEO Stock and CXW Stock Are Slumping Today

InvestorPlace - Stock Market News, Stock Advice & Trading Tips GEO Group (NYSE: GEO ) and CoreCivic (NYSE: CXW ) are both down in trading today after each announced new measures to reduce outstanding debts. CXW stock is down more than 17% while GEO stock is down more than 2...

GEO - COHN leads financial gainers, GEO and UPST among losers

Gainers: Cohen & Company (COHN) +25%. Pintec Technology Holdings (PT) +17%. Altimeter Growth (AGCUU) +9%. Altimeter Growth (AGC) +8%. U.S. Global Investors (GROW) +7%.Losers: The GEO Group (GEO) -20%. Big Rock Partners Acquisition (BRPA) -12%. Hywin Holdings (HYW) -12%. Upstart Holdings (...

GEO - GEO, OCGN, SOS and CXW among midday movers

Gainers: Bonso Electronics International (BNSO) +36%.SOS (SOS) +29%.Ouster (OUST) +29%.ION Geophysical (IO) +22%.Odonate Therapeutics (ODT) +20%.Titan Medical (TMDI) +16%.Cocrystal Pharma (COCP) +15%.Ocugen (OCGN) +15%.Pintec Technology (PT) +13%.Frequency Therapeutics (FREQ) +...

GEO - Why GEO Group Stock Was Sliding Today

Shares of GEO Group (NYSE: GEO) were getting hammered Wednesday morning after the operator of private prisons and detention centers said it was suspending its dividend in order to maximize cash flow to repay debt, deleverage, and fund growth. The stock was down by 19.5% as of 11...

GEO - Why CoreCivic Stock Fell 10% at the Open Today

Shares of real estate investment trust CoreCivic (NYSE: CXW) fell roughly 10% in the first half hour of trading on April 7. While there was news out of the company, it was likely the news out of competitor The GEO Group (NYSE: GEO) that put investors in a selling mood. ...

GEO - Upstart Holdings, FibroGen among premarket losers' pack

FibroGen (FGEN) -29% after FDA AdCom to review FibroGen's roxadustat application on July 15.Galectin Therapeutics (GALT) -9%.Homology Medicines (FIXX) -10% after proposes $50M capital raise.The GEO Group (GEO) -10% after suspends dividend to pay down debt; will e...

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