Why GEO Group Is Soaring Today

·1-min read
Why GEO Group Is Soaring Today

What happened Shares of GEO Group (NYSE: GEO) were jumping 10% higher in afternoon trading after the private prison operator reported second-quarter earnings that beat analyst expectations. So what GEO Group, which is organized as a real estate investment trust, or REIT, reported adjusted funds from operations of $0.

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