GEO Group Stock Tanks as Detention Horrors Surface

Shares sink below $19 after scathing reports of abuse and neglect at ICE’s Alexandria deportation hub shake investor confidence.

WASHINGTON — Shares of GEO Group (NYSE: GEO), the nation’s largest private prison and immigrant detention operator, are in freefall as financial woes collide with explosive new allegations of abuse and neglect inside its flagship deportation hub in Louisiana.

The stock closed Tuesday at $18.85, down nearly 3% on the day and 11% in the last two weeks. Year-to-date, GEO has lost almost 22% of its value, now trading about 40% below its 52-week high of $36.46. The selloff, which began with weak earnings guidance earlier this year, has accelerated in the wake of a damning Guardian investigation into GEO’s Alexandria, Louisiana, staging facility — a linchpin of the Trump administration’s mass deportation machine.

Wall Street Worries

Investors began fleeing GEO after back-to-back earnings disappointments in Q1 and Q2 2025. Profits slipped below expectations, with analysts citing ballooning costs and weaker-than-expected growth in electronic monitoring services. The company’s August guidance sla…