Geo Group Inc (The) REIT with ticker code (GEO) have now 3 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 15 and 9 calculating the average target price we see 13. Now with the previous closing price of 7.4 this indicates there is a potential upside of 75.7%. There is a 50 day moving average of 7.55 and the 200 day moving average is 6.9. The market capitalisation for the company is $916m. Company Website: https://www.geogroup.com [stock_market_widget type="chart" template="basic" color="green" assets="GEO" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,609m based on the market concensus. The GEO Group (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom. GEO''s diversified services include enhanced in-custody rehabilitation and post-release support through the award- winning GEO Continuum of Care, secure transportation, electronic monitoring, community-based programs, and correctional health and mental health care.
The GEO Group Inc. (GEO)’s stock is trading at $7.68 at the moment marking a rise of 3.72% from the last session close. As of this writing, shares are priced at -21.72% less than their 52-week high of $9.81, and 47.45% over their 52-week low of $5.20. Based on the past 30-day period, the stock […]
A U.S. appeals court on Monday struck down California’s ban on privately-run immigrant detention centers in a challenge brought by private prison operator GEO Group Inc and the Biden administration. The San Francisco-based 9th U.S. Circuit Court of Appeals said California’s 2019 ban gave the state too much control over how the federal government handles […]
A U.S. appeals court on Monday struck down California’s ban on privately-run immigrant detention centers, saying it gave the state too much control over how the federal government handles immigrant detainees. The San Francisco-based 9th U.S. Circuit Court of Appeals sided with private prison operator GEO Group Inc and the administration of President Joe Biden […]
Although arguably most folks hate the political season due to the back-and-forth mudslinging that materializes, investors will want to pay close attention to the 2022 midterm elections. According to historical data, the midterms broadly kick off superior market performance. Per U.S. Bank’s wealth management arm, “When the analysts looked at data around midterm elections (elections held in between presidential elections), they found that the S&P 500 consistently outperformed in the year after midterms compared with non-midterm years. Just like presidential elections, which party controls Congress generally was not a factor in projecting overall equity market performance.” Also, on a historical note, U.C. Santa Barbara notes that rarely does the sitting president’s party gain seats in both houses of Congress. Therefore, the narrative suggests that Republicans may have a big day for the upcoming 2022 midterm elections. In addition, stocks widely may swing higher. If this circumstance pans out – and please be aware no guarantee exists – then specific stocks just might outperform others.
GEO Group has managed to refinance its debt, leaving room for a dividend payment or share buyback program. Click here to read why GEO stock is worth buying.
A share of The GEO Group Inc. (NYSE:GEO) closed at $7.73 per share on Tuesday, down from $8.18 day before. While The GEO Group Inc. has underperformed by -5.50%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, GEO rose by 10.43%, with highs and lows ranging […]
Geo Group Inc (The) REIT with ticker code (GEO) have now 3 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 15 and 9 with a mean TP of 13. With the stocks previous close at 8.18 this now indicates there is a potential upside of 58.9%. The day 50 moving average is 7.44 and the 200 day moving average is 6.89. The market cap for the company is $959m. Company Website: https://www.geogroup.com [stock_market_widget type="chart" template="basic" color="green" assets="GEO" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,524m based on the market concensus. The GEO Group (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom.
The GEO Group (GEO) announced on Wednesday the completion of $84.4M asset sale and repayment of remaining $146.9M in term loans due in 2024.The government service provider completed…
Geo Group Inc (The) REIT with ticker code (GEO) now have 3 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 15 and 9 with the average target price sitting at 13. Given that the stocks previous close was at 8.55 this indicates there is a potential upside of 52.0%. The day 50 moving average is 7.25 while the 200 day moving average is 6.9. The market cap for the company is $1,008m. Find out more information at: https://www.geogroup.com [stock_market_widget type="chart" template="basic" color="green" assets="GEO" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,532m based on the market concensus. The GEO Group (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom.
The trading price of The GEO Group Inc. (NYSE:GEO) closed higher on Monday, September 12, closing at $8.55, 1.42% higher than its previous close. Traders who pay close attention to intraday price movement should know that it fluctuated between $8.39 and $8.605. The company’s P/E ratio in the trailing 12-month period was 16.86, while its … Investors: What’s The Real Deal With The GEO Group Inc. (NYSE: GEO) Read More »
In Monday’s session, The GEO Group Inc. (NYSE:GEO) marked $8.55 per share, up from $8.43 in the previous session. While The GEO Group Inc. has overperformed by 1.42%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, GEO rose by 15.54%, with highs and lows ranging from […]
The GEO Group (GEO) will redeem all of the remaining $125.73M in aggregate principal amount of its 5.125% Senior Notes due April 1, 2023 on Oct
Geo Group Inc (The) REIT with ticker code (GEO) now have 3 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 15 and 9 calculating the average target price we see 13. Given that the stocks previous close was at 8.27 this would indicate that there is a potential upside of 57.2%. The day 50 moving average is 7.11 and the 200 day moving average is 6.91. The market cap for the company is $1,008m. You can visit the company''s website by visiting: https://www.geogroup.com [stock_market_widget type="chart" template="basic" color="green" assets="GEO" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,584m based on the market concensus. The GEO Group (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom.
GEO successfully managed its near-term maturity wall via an amend & extend transaction. See why I continue to look at GEO equity with a midterm election catalyst.
Michael Burry made a name for himself during the Great Recession. His bearish bet against the housing market made the contrarian investor a fortune. Alongside this fortune came fame, when the book detailing his winning trade was made into a film in 2015. When Burry makes changes to his portfolio, it makes headlines. That’s exactly what happened earlier this month, when his Scion Asset Management filed its latest 13F with the Securities and Exchange Commission (or SEC). As InvestorPlace’s Eddie Pan reported Aug. 15, the filing revealed that, as of June 30, Scion held just one stock in its portfolio : private-prison operator Geo Group (NYSE: GEO ). Much of the coverage of Burry’s latest portfolio changes has focused on why he bought GEO stock. However, what may also be of great interest is Burry’s motivation for dumping the other names that were in his portfolio as of March 31 . During the preceding quarter, Michael Burry cashed out of eleven other U.S.-listed stocks. Let’s take a look at five of his largest prior holdings, and see why he may have seen it as wise to take the money and run.
Geo Group Inc (The) REIT found using ticker (GEO) now have 3 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 15 and 9 with the average target price sitting at 13. Now with the previous closing price of 8.74 this indicates there is a potential upside of 48.7%. The 50 day moving average now sits at 6.97 and the 200 day moving average is 6.93. The market cap for the company is $1,011m. Company Website: https://www.geogroup.com [stock_market_widget type="chart" template="basic" color="green" assets="GEO" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,504m based on the market concensus. The GEO Group (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom.
Considering how markets have been moving so far this year, you might feel that meme stocks are a thing of the past. Once the markets take a bullish turn, though, expect the retail trading frenzy to feature again. It’s been a forgettable year for equity markets, with the S&P 500 off to its worst start in years. Naturally, the notorious social media-driven meme stock movement has been largely quiet this year. Plenty of so-called meme stocks have attracted plenty of attention online and offer a healthy upside ahead. With the markets in the doldrums, many of these meme stocks are trading at historical lows. Hence, here are seven meme stocks that you should probably take seriously. SNAP Snap $10.71 AMC AMC $9.31 RIVN Rivian Automotive $32.98 CLOV Clover Health $2.86 GEO Geo Group $8.65 CVNA Carvana $34.26 TA TravelCenters of America $57.48 Snap (SNAP) Source: Ink Drop / Shutterstock.com Social media giant Snap (NYSE: SNAP ) has had a torrid time on the stock market this year. The headwinds in the advertising space have significantly weighed down its results of late.
Gainers: Sentage Holdings (SNTG) +18%. Netcapital (NCPL) +12%. The GEO Group (GEO) +8%. Losers: SelectQuote (SLQT) -24%.
The GEO Group Inc. (NYSE:GEO) shares, rose in value on Thursday, 08/25/22, with the stock price up by 5.63% to the previous day’s close as strong demand from buyers drove the stock to $8.07. Actively observing the price movement in the last trading, the stock closed the session at $7.64, falling within a range of … The GEO Group Inc. (NYSE: GEO): What’s Next In 2022? Read More »
As major indices remain down by double digits year-to-date (YTD), you may be on the prowl for cheap bargain stocks. Even as the market’s downturn this year has been the result of a worsening macro picture, to paraphrase Warren Buffett, being “greedy when others are fearful” can be a profitable move. That said, buying while market fears run high doesn’t mean you should go out and buy any seemingly cheap stock. There are plenty of names today trading at low valuations for good reasons. If a recession does happen within the next year, many companies that “crushed it” in terms of earnings in 2021 and 2022 could see a big earnings drop in 2023. Yet while it’s wise to avoid “undervalued on paper” stocks that have a strong chance of becoming “value traps,” there are cheap bargain stocks out there that are the real deal. For instance, these seven. Each one trades at a low valuation, with factors at play to send them toward higher prices. Cheap Bargain Stocks: Vaalco Energy (EGY) Source: zhengzaishuru / Shutterstock.com Vaalco Energy (NYSE: EGY ) is a stock I’ve discussed several times this year.
Source: rhendrikdwenz / Shutterstock Stocks have soared higher since mid-June. And technically speaking, this market rally looks like the “real deal.” Indeed, stocks have retraced 50% of their losses. And now the current rally that started in mid-June looks a lot like an exciting new bull market . (All new bull markets of the past were kickstarted by a 50% retracement.) But not all investors believe in this new bull market breakout. One particularly legendary investor – known especially for his market crash warnings – thinks stocks are doomed. And he’s putting his money where his mouth is. Dr. Michael Burry – best known for calling the 2008 financial crisis before anyone else – hates this current market rally. He’s taken to Twitter ( TWTR ) numerous times to warn investors that the stock market crash is actually just getting started. He’s not just blowing hot air. He really believes that – so much so, in fact, that he sold all his stock positions in Q2 of 2022. You read that right. The Big Short legend Michael Burry sold every stock he owned in the second quarter of 2022.
Lots to cover in this week’s Hypergrowth Investing podcast! Prepare yourself for a hefty discussion on retail earnings, housing data, cryptos, and whether Michael Burry is right to make a rare “Doomsday Call” on the economy. Front and center, we’re seeing a lot of growth stock buying among “smart money,” which is code for “hedge funds.” Think folks like David Einhorn and Ray Dalio – two hedge fund managers whose reputations precede them. And this quarter, the pair have invested in one of my top electric vehicle stocks to watch: Rivian ( RIVN ). If that isn’t a bullish sign, I don’t know what is. The bottom line here is that when these funds get into names, they tend to do so with high conviction. That means Einhorn and Dalio could be invested in RIVN stock for years. The fact that they both initiated stakes in Q2 of 2022 means they see a compelling long-term future with Rivian . As do I. It’s significant that this is happening during a time of high momentum for the EV space – and clean energy technology in general.
Geo Group Inc (The) REIT with ticker code (GEO) now have 3 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 15 and 9 with a mean TP of 13. Given that the stocks previous close was at 7.6 this would imply there is a potential upside of 71.1%. The day 50 moving average is 6.67 and the 200 moving average now moves to 6.98. The company has a market cap of $979m. Company Website: https://www.geogroup.com [stock_market_widget type="chart" template="basic" color="green" assets="GEO" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,675m based on the market concensus. The GEO Group (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom.
In the last trading session, 15.95 million The GEO Group Inc. (NYSE:GEO) shares changed hands as the company’s beta touched 0.62. With the company’s per share price at $7.89 changed hands at $0.29 or 3.82% during last session, the market valuation stood at $960.61M. GEO’s last price was a discount, traded about -24.33% off its … The GEO Group Inc. (NYSE: GEO) Is Expected To Soar To Higher Prices In The Months To Come. Read More »
In its latest Q2 SEC 13-F filing for period ended June 30, 2022, Michael Burry''s Scion Asset Management disclosed that it has exited 11 stocks including Alphabet (GOOGL), Meta…
Michael Burry, who bet on the 2000s’ financial crisis in The Big Short , has a hot new investment idea. Prisons. The latest filing of Burry’s investment group shows a new position in GEO Group (NYSE: GEO ) stock. The GEO Group is a small real estate investment trust (REIT) that builds and operates prisons and mental health facilities. The stock jumped 10% on Aug. 15 and another 5% overnight, but still has a market capitalization under $1 billion. What’s Happening Burry has become a “Warren Buffett for pessimists,” with a Twitter handle he calls “Cassandra B.C.” making dire predictions about the U.S. economy. His past success in predicting disaster, including warnings about last year’s speculative bubble in tech stocks , has many investors following his lead. Right now he’s not just warning about a market crash but acting on that assumption . He’s predicting a consumer debt crisis and has sold out of such names as Alphabet (NASDAQ: GOOG , NASDAQ: GOOGL ) and Meta Platforms (NASDAQ: META ).
GEO Group''s stock is the one Scion Asset Management now owns, and the prison facility REIT has rallied more than 12% in two days.
Shares of Geo Group (NYSE: GEO ) are at the center of attention after Michael Burry’s Scion Asset Management reported the company as its only second-quarter 13F holding , selling off all other stocks. Today is the deadline for institutional investors to file their Q2 13F, which provides retail investors with a snapshot of stocks institutions own as of June 30. During the quarter, Burry dumped his stakes in 12 companies, including Google (NASDAQ: GOOG , NASDAQ: GOOGL ), Booking (NASDAQ: BKNG ) and Bristol-Myers Squibb (NYSE: BMY ). His entire GEO stock stake of 501,630 shares was bought during the second quarter, worth about $3.3 million at the end of Q2. Meanwhile, Scion holds stocks in its 13F portfolio for an average of six quarters. Geo operates as a real estate investment trust, or REIT, that specializes in prison properties and is the world’s second-largest private “prison company.” Let’s get into the details. Michael Burry Bets Big on GEO Stock Geo is active in three continents and operates more than 100 private prisons and mental health facilities.
NEW YORK — Scion Asset Management fund manager Michael Burry, who rose to fame with timely bets against housing ahead of the 2008 financial crisis, in the last quarter dumped a dozen bullish positions and replaced them with a new stake in prison company Geo Group Inc, according to filings released on Monday. Shares of […]
The "Big Short" Michael Burry Liquidates Entire Portfolio, Holds Just One Stock At End Of Q2 At least the Big Short puts his money where his mouth is… or rather pulls his money as the case may be. After blasting the latest stock market meltup as "silliness" and claiming - correctly - that the US economy is facing a gruesome crash in tweets which he then promptly deletes (conveinetly, another accounts snapshots his tweets for posterity)... pic.twitter.com/D8WnWSJlqC — Cassandra B.C. (@MichaelJBurry__) August 4, 2022 ... Michael Burry - who runs the smallish Scion Capital hedge fund - has done something few of his peers would consider doing: he has traded in line with his statement, and according to his just released 13F , the famed investor has liquidated his entire portfolio which as of March 31, had a notional value of just over $200 million (including $35 million in AAPL put notional), and instead held on to just one stock: private jail operator GEO Group , which he had previously invested in but had dumped all of his holdings at the end of 2021 only to sport a modest $3.3 million, or 501K share position, as of June 30.
Geo Group Inc (The) REIT found using ticker (GEO) have now 3 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 15 and 9 calculating the mean target price we have 13. Given that the stocks previous close was at 6.83 this indicates there is a potential upside of 90.3%. The day 50 moving average is 6.66 and the 200 day moving average is 7. The company has a market capitalisation of $825m. Find out more information at: https://www.geogroup.com [stock_market_widget type="chart" template="basic" color="green" assets="GEO" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,571m based on the market concensus. The GEO Group (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom.
Companies Reporting Before The Bell • Pyxis Tankers (NASDAQ: PXS ) is likely to report earnings for its second quarter. • Kandi Technologies Gr (NASDAQ: KNDI ) is projected to report earnings for its second quarter. • Tredegar (NYSE: TG ) is estimated to report earnings for its second quarter. • PowerFleet (NASDAQ: PWFL ) is likely to report quarterly loss at $0.12 per share on revenue of $34.36 million. • PDS Biotechnology (NASDAQ: PDSB ) is projected to report earnings for its second quarter. • LENSAR (NASDAQ: LNSR ) is expected to report quarterly loss at $0.72 per share on revenue of $9.30 million. • Precision BioSciences (NASDAQ: DTIL ) is likely to report quarterly loss at $0.41 per share on revenue of $4.97 million. • Delcath Systems (NASDAQ: DCTH ) is likely to report quarterly loss at $0.95 per share on revenue of $420 thousand. • CPI Card (NASDAQ: PMTS ) is estimated to report quarterly earnings at $0.37 per share on revenue of $101.80 million. • Grupo Televisa (NYSE: TV ) is estimated to report quarterly loss at $0.
LOS ANGELES, Aug. 4, 2022 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The GEO Group, Inc. ("GEO" or "the Company") (NYSE: GEO) for violations of the securities laws. The…
Geo Group Inc (The) REIT found using ticker (GEO) have now 3 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 15 and 8 calculating the mean target price we have 12.67. With the stocks previous close at 6.54 this would imply there is a potential upside of 93.7%. The day 50 moving average is 6.67 and the 200 day moving average is 7.04. The market capitalisation for the company is $906m. Company Website: https://www.geogroup.com [stock_market_widget type="chart" template="basic" color="green" assets="GEO" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,755m based on the market concensus. The GEO Group (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom. GEO''s diversified services include enhanced in-custody rehabilitation and post-release support through the award-winning GEO Continuum of Care®, secure transportation, electronic monitoring, community-based programs, and correctional health and mental health care.
The GEO Group, Inc. (NYSE:NYSE:GEO) Q2 2022 Earnings Conference Call August 2, 2022 11:00 ET Company Participants Pablo Paez - Executive Vice President, Corporate Relations George Zoley -…
Full story available on Benzinga.com
WASHINGTON (dpa-AFX) - The GEO Group, Inc. (GEO) has increased its financial guidance for the full year 2022 and has issued guidance for the third and fourth quarters of 2022. The company expects …
Companies Reporting Before The Bell • Ferrari (NYSE: RACE ) is expected to report quarterly earnings at $1.27 per share on revenue of $1.22 billion. • AudioCodes (NASDAQ: AUDC ) is estimated to report quarterly earnings at $0.34 per share on revenue of $68.33 million. • Kopin (NASDAQ: KOPN ) is estimated to report quarterly loss at $0.03 per share on revenue of $12.56 million. • Rhythm Pharmaceuticals (NASDAQ: RYTM ) is expected to report quarterly loss at $0.95 per share on revenue of $2.58 million. • Eos Energy Enterprises (NASDAQ: EOSE ) is projected to report quarterly loss at $0.59 per share on revenue of $6.61 million. • Sprott (NYSE: SII ) is estimated to report earnings for its second quarter. • Element Solutions (NYSE: ESI ) is likely to report quarterly loss at $0.15 per share on revenue of $321.97 million. • GEO Group (NYSE: GEO ) is estimated to report quarterly earnings at $0.31 per share on revenue of $561.50 million. • Blueprint Medicines (NASDAQ: BPMC ) is expected to report quarterly loss at $2.
GEO Group (GEO) is scheduled to announce Q2 earnings results on Tuesday, August 2nd, before market open.The consensus EPS Estimate is $0.31 (-46.6% Y/Y) and the consensus Revenue…
The GEO Group (NYSE: GEO ) is set to give its latest quarterly earnings report on Tuesday, 2022-08-02. Here''s what investors need to know before the announcement. Analysts estimate that The GEO Group will report an earnings per share (EPS) of $0.31. The GEO Group bulls will hope to hear the company to announce they''ve not only beaten that estimate, but … Full story available on Benzinga.com
GEO Group announced its refinancing plans, and you will receive an exchange offer if you own the current 2023 or 2024 bonds. Read why GEO stock is worth a look.
Geo Group Inc (The) REIT found using ticker (GEO) have now 3 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 15 and 8 and has a mean target at 12.67. Now with the previous closing price of 6.68 this now indicates there is a potential upside of 89.7%. The 50 day moving average now sits at 6.65 and the 200 day moving average is 7.08. The company has a market cap of $835m. Company Website: https://www.geogroup.com [stock_market_widget type="chart" template="basic" color="green" assets="GEO" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,584m based on the market concensus. The GEO Group (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom.
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") announced today that it has rescheduled the date for its second quarter 2022 earnings release and conference call. GEO will now release its second quarter 2022 financial results on Tuesday, August 2, 2022 before the market opens. GEO has rescheduled its conference call and simultaneous webcast for 11:00 AM (Eastern Time) on Tuesday, August 2, 2022. Hosting the call for GEO will be George C. Zoley, Executive Chairman of th
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its second quarter 2022 financial results on Wednesday, August 3, 2022 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 11:00 AM (Eastern Time) on Wednesday, August 3, 2022. Hosting the call for GEO will be George C. Zoley, Executive Chairman of the Board, Jose Gordo, Chief Executive Officer, Brian R. Evans, Senior Vice President and Chief Financial Officer, James Blac
The appetite for meme stocks that swept Wall Street in early 2021 may have lost its steam but the phenomenon is still alive and kicking. The likes of AMC (NYSE: AMC ) and GameStop (NYSE: GME ) became the poster children for the meme phenomenon – one which was driven by retail investors. This social-media-driven buying was well supported by discount brokerages, which offer the convenience of trading from anywhere on a mobile phone and allow zero-commission trades. For investors, meme stocks provided an option to splurge the disposable income they accumulated due to limited spending avenues during the pandemic. Social media discussion areas such as the “WallStreetBets” Reddit forum served as places for rallying investors around stocks considered underdogs. This led to mass and concerted buying in these once-obscure but popular stocks, as evident in huge volumes traded. In response, the U.S. Securities and Exchange Commission released a 30-second video earlier this year to explain the perils of investing in meme stocks , clamped down on trading apps that facilitated meme stock trading and said in June it is monitoring volatility in some meme stocks to find out if there has been any misconduct.
The GEO Group, Inc. (NYSE:GEO) (“GEO” or the “Company”) today announced that it has commenced offers to exchange (the “Exchange Offers”) any and all of its outstanding (i) 5.125% Senior Notes due 2023 (the “2023 Notes”) and (ii) 5.875% Senior Notes due 2024 (the “2024 Notes” and, collectively with the 2023 Notes, the “Old Notes”) for newly issued 10.500% Senior Second Lien
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF
The THE GEO GROUP, INC. POLITICAL ACTION COMMITTEE successfully filed their F3XN JULY MONTHLY with the coverage period of 06/01/2022 to 06/30/2022 and a confirmation ID of FEC-1610628 *********CommitteeId: C00382150 | FilingId: 1610628 | FormType: F3XN | CoverageFrom: 06/01/2022 | CoverageThrough: 06/30/2022 | ReportType: JULY MONTHLY*********
Lately, stock markets have favored value investors. The past few months have been painful for growth investors. Richly priced growth plays have fallen drastically. For value investors, however? With the market downturn, many stocks have fallen to dirt cheap valuations. So you can find excellent cheap stocks under $10 per share. There are many names at single-digit price levels that aren’t only cheap on an absolute basis — they are also cheap in terms of their current earnings multiple. Yes, having a low forward price-to-earnings (P/E) ratio alone isn’t a reason to buy a stock. Sometimes stocks that look cheap on paper can turn out to be value traps. 7 Best Bear Market Stocks to Buy in July 2022 However, there’s much to suggest that won’t be the case with these seven names. Each of these cheap stocks under $10 per share trades at a low valuation, and has catalysts in play to potentially send them back to higher prices. While this valuation discrepancy remains, consider each one a buy. ARC ARC Document Solutions $2.59 CNTY Century Casinos $7.24 CRCT Cricut $6.97 DXLG Destination XL Group $3.65 EGY Vaalco Energy $6.58 GEO The GEO Group $6.41 TSQ Townsquare Media $8.47 ARC Document Solutions (ARC) Source: Pavel Kapysh / Shutterstock.com ARC Document Solutions (NYSE: ARC ) provides printing services for the construction industry.
- ← Previous
- 1
- 2
- 3
- 4
- Next →