Stock for biometric airport ID firm Clear takes off following IPO

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

[ufc-fb-comments url=""]

Latest Articles

Related Articles