Corrections Corporation of America (NYSE: CXW) is on The StockGuru Leader Board today. The stock closed up 6.54% on Thursday.
Volume was 11,618,087 shares traded.
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About the Company:
Corrections Corporation of America, together with its subsidiaries, owns and operates privatized correctional and detention facilities in the United States. The company owns, operates, and manages prisons and other correctional facilities; and provides inmate residential and prisoner transportation services for governmental agencies. It also offers various rehabilitation and educational programs, including basic education, religious services, life skills and employment training, and substance abuse treatment, as well as food services, work and recreational programs, and healthcare services, such as medical, dental, and psychiatric services. In addition, the company leases facilities to third-party operators. Its customers include federal, state, and local correctional and detention authorities. The company operates 66 correctional and detention facilities, including 46 own facilities with a total capacity of approximately 91,000 beds in 20 states and the District of Columbia; and owns and leases 2 correctional and detention facilities to other operators. Corrections Corporation of America was founded in 1983 and is based in Nashville, Tennessee.
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