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CoreCivic falls after Democratic senator probes Minnesota facility deal

By Reuters News

** Shares of prison operator CoreCivic CXW.N down more than 2% at $30.72 in morning trading

** Democratic Senator Maggie Hassan launches an investigation into the Trump administration's purchase of a Minnesota immigration detention facility from CoreCivic

** Senator Hassan raises questions about the price the government paid for the facility

** She also calls on CXW to preserve its communications and records related to the deal

** Under Trump, a clampdown on illegal immigration boosted demand for detention facilities, but the recent Democrats' sweep of Congress now clouds that outlook for prison operators

** All 5 brokerages tracking the stock rate it "buy"; median PT $42, according to data compiled by LSEG

** Including session's moves, stock up ~61% YTD

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