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The Fear Factory: How Robert Mercer’s hedge fund profits from Trump’s hard-line immigration stance

18, 2016, the share price of Corrections Corporation of America, one of the main operators of private prisons and immigrant detention centers, fell by 50 percent to $13.04 after the Obama-era Justice Department directed the phaseout of federal private prisons.

Why it matters: 18, 2016, the share price of Corrections Corporation of America, one of the main operators of private prisons and immigrant detention centers, fell by 50 percent to $13.04 after the Obama-era Justice Department directed the phaseout of federal private prisons.

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