Market Pulse Archives

June 7, 2021, 4:27 p.m. EDT

Airport security company Clear Secure files for IPO

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Delta Air Lines Inc. (DAL)
  • X
    United Airlines Holdings Inc. (UAL)

or Cancel Already have a watchlist? Log In

By Claudia Assis

Clear Secure Inc. has filed for an initial public offering. The airport security company is seeking to sell $100 million worth of shares, although that figure is often a placeholder used to calculate fees. Underwriters include Goldman Sachs and J.P. Morgan, and the company would list its shares on the New York Stock Exchange under the symbol YOU. Investors and equity holders in Clear Secure include Delta Air Lines Inc. /zigman2/quotes/200327741/composite DAL +1.37% , United Airlines Holdings Inc. /zigman2/quotes/205037281/composite UAL +1.94% and others. Clear Secure said its sales fell to $50 million in the three months ended in March, compared with sales of $61 million in the year-ago period. It listed losses of $13 million in the three months to March, compared with losses of $51 million in the year-ago period.

/zigman2/quotes/200327741/composite
US : U.S.: NYSE
$ 40.97
+0.56 +1.37%
Volume: 5.64M
July 26, 2021 1:19p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$25.86 billion
Rev. per Employee
$231,014
loading...
/zigman2/quotes/205037281/composite
US : U.S.: Nasdaq
$ 48.45
+0.92 +1.94%
Volume: 6.28M
July 26, 2021 1:19p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$15.38 billion
Rev. per Employee
$206,384
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.