Clear Secure (YOU) shares surged over 62% in the last month. The stock reached its highest valuation since August 2021.
A partial government shutdown affecting Department of Homeland Security funding caused severe TSA staffing shortages. Wait times at major U.S. airport hubs reached four to five hours.
Frustrated passengers are turning to Clear’s subscription-based biometric screening to bypass traditional ID checks. Users downloaded the Clear app 289,000 times since the beginning of March.