Geo Group Stock Falls 1% After Report

Geo Group Inc shares declined about 1% on May 16, 2026 after a California DOJ report highlighted deteriorating detention conditions.
The 169‑page assessment found detainee numbers rose 162% from 2,303 in 2023 to 6,028 in 2025, straining resources.
Geo Group runs four of seven facilities; Adelanto’s detainees rose from seven in Nov 2023 to 1,570 in July 2025, with deaths reported Sep 2025‑Mar 2026.
CoreCivic, another operator, also saw its stock drop about 1% following the same report.