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Private prison company’s stock price up 60 percent

Private prison company Geo Group’s stock is up nearly 60 percent since convicted felon President-Elect Trump won. On a Thursday earnings call, founder George Zoley told investors the company is prepared to handle millions of people, the Washington Post’s Heather Long reports.

“In GEO’s ISAP [monitoring] program, we can scale up from the present 182,500 participants to several hundreds of thousands or even millions of participants. In GEO’s nationwide ground and air transportation services, we can scale up for domestic as well as international travel. GEO Group was built for this unique moment in our country’s history and the opportunities that will bring,” Zoley said.

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