Why Is Target Hospitality (TH) Stock Down 37% Today?

Target Hospitality (NASDAQ:TH) stock is falling hard on Tuesday after the company announced the planned end to a service agreement with at the South Texas Family Residential Center. Target Hospitality provides services to this location through a lease and services agreement with the South Texas Family Residential Center Partner. CoreCivic (NYSE:CXW) is the entity that the U.S. Government is terminating its contract with. TH Stock Movement on Tuesday TH stock is down 36.7% as of Tuesday morning. That erases ...