CoreCivic falls after CEO resigns

By Reuters News

** Shares of private prison operator CoreCivic CXW.N down 3% to $33.4 premarket

** Patrick D. Swindle resigned as president, CEO and board member due to health reasons

** CXW appointed Lucibeth N. Mayberry as president, CEO and director

** CoreCivic is one of the largest private contractors for ICE and manages ICE detention facilities across the US

** All 4 brokerages covering the stock rate it "buy"; their median PT is $42

** As of last close, CXW stock up 79.8% YTD

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