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0.012911286963765 0.0122865472719699 0.026655560183257 -0.0031236984589754 0.0208246563931695 0.0235318617242816 0.0283215326947105 0.026655560183257
Stock impact report

Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Clear Secure, Inc. (NYSE: YOU)

Clear Secure, Inc. Class A (YOU) 
Company Research Source: Business Wire
NOTE TO EDITORS: The Following Is an Investment Opinion Issued by Spruce Point Capital ManagementBelieves CLEAR’s Pressures Are Likely to Intensify Given Short-Term Challenges With Travel Demand and Longer-Term Questions About Its Product and Service ViabilityObserves That CLEAR Has Flushed More Cash to Related-Parties Over the Past Three Years Than Internal R&D, CapEx or Synergistic AcquisitionsBelieves Investors Should Be Concerned by CLEAR’s Accounting and Financial Reporting, Particularly Its Active Users and Gross Margins Which We Believe Are Overstated by Sell-Side Analysts and Financial Data Providers by Approximately 24%Expresses Concerns About the Revolving Door in Leadership, Increased Insider Stock Sales and Growing Governance RiftBelieves That CLEAR’s Valuation Is Miscalculated and Its Shares Trade at an Irrational Premium to Peers and Sees 30% – 50% Potential Intermediate-Term Downside Risk NEW YORK--(BUSINESS WIRE)--Spruce Point Capital Management, LLC (“Spruce Point” Show less Read more
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