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Stock impact report

Clear Secure (YOU) Climbs to 4-Year High After Bagging CMS Contract [Yahoo! Finance]

Clear Secure, Inc. Class A (YOU) 
Company Research Source: Yahoo! Finance
Clear Secure surged to a new four-year high on Friday, after bagging a contract with the Centers for Medicare & Medicaid Services (CMS) to support the modernization of identity verification for Medicare beneficiaries and providers. At intra-day trading, the stock climbed to its highest price of $42.07 before paring gains to end the day just up by 13.29 percent at $41.08 apiece. In a statement earlier in the week, Clear Secure Inc. (NYSE:YOU) said that the CMS will integrate its secure identity platform, CLEAR1, for account creation, account recovery, and access to healthcare information, beginning early 2026. CLEAR1 aims to address the growing challenges of identity risk in healthcare by replacing legacy checks with multi-layered verification, in a bid to reduce identity-related fraud, minimize misuse of sensitive data, and restore trust in digital access to care. The initiative also aims to support priorities outlined in CMS' nationwide Health Technology Ecosystem initiative Show less Read more
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