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Why One Fund Slashed the Vast Majority of Its GEO Group Stake as the Stock Slipped 40%

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Key Points - New York City-based Shay Capital sold 927,016 shares of GEO Group in the third quarter. - The overall position value fell by about $22.75 million from the previous period. - As of September 30, the fund reported holding 159,799 GEO shares valued at $3.27 million; it also held 47,500…

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