Corrections Corporation of Amer (symbol: CXW) was one of the worst losers
of the trading day today (2016-08-29), losing -4.11%. The number of shares
that changed hands was 11,328,464, or about 5 times the average daily
volume in the stock.
The closing price was $16.79, amounting to a market cap of $1,970,000,000,
about -52.1% off the highest price in the last 12 months. The stock has
been trading at a range between $13.04 and $35.05.
CXW is in the Real Estate Investment Trusts industry, part of the Consumer
Services sector.
Looking at its valuation, the stock is now trading at 9.76 times earnings.
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