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CLEAR ALERT: Bragar Eagel & Squire, P.C. is Investigating Clear Secure, Inc. on Behalf of Clear Stockholders and Encourages Investors to Contact the Firm
YOUClear Secure(YOU) GlobeNewswire News Room·2025-01-29 02:00

Core Insights - Clear Secure, Inc. is under investigation for potential violations of federal securities laws and unlawful business practices [1] - The company reported a significant slowdown in new users for its Clear Plus membership service, with only a 0.8% increase in active members, the lowest growth in over two years [2] - Following the announcement of the slowdown and a 70% year-over-year price increase for Clear Plus family memberships, Clear's stock price dropped by approximately 25.7% [2] Company Performance - Clear Plus active membership growth was only 0.8% in Q3 2024, marking the smallest gain in over two years [2] - The price of Clear Plus family memberships increased from 70to70 to 119, representing a 70% increase year-over-year [2] - Clear's stock price fell from 38.45onNovember6,2024,to38.45 on November 6, 2024, to 28.53 on November 7, 2024, a decline of $9.92 per share [2]