- Shares of airport security line cutting service Clear Secure, Inc. (YOU) are down significantly since its 3Q21 report in November 2021 that featured bookings up 42% sequentially over 2Q21.
- However, that solid performance seems to be more a function of passenger traffic returning to some semblance of normalcy combined with a tight labor market versus any blue sky dynamic.
- With a quasi-competitive moat for its airport service and recent beneficial owner buying, Clear Secure merited a deeper dive.
- A full investment analysis is presented in the paragraphs below.
For further details see:
Checking In On Clear Secure