Clear the company best known for helping travelers skip the airport security line, saw its share price jump in its first day on the market, continuing a run of strong initial public offerings from New York technology companies.
The Midtown-based biometric company’s stock closed trading Wednesday with a $40 share price on the New York Stock Exchange, a 29% rise from its starting price. The big move came even after the company raised the initial offering price for its shares last night to $31, just above the range of $27 to $30 that it had projected earlier this week.
Its performance could be a sign of
→ Continue reading at Crain's New York Business