Stocks of Clear Secure and car rentals fall as airport wait times improve with TSA funding bill.

Shares of Clear Secure, which offers expedited airport security services, and car rental companies like Hertz and Avis dropped after the Senate passed a bill to fund the Transportation Security Administration (TSA). The bill, supported by President Donald Trump, aims to reduce long security lines at airports by ensuring TSA workers are paid, signaling an end to the recent chaos and lengthy waits for travelers. This development led investors to take profits from these previously high-flying stocks, anticipating less demand for expedited security services and rental cars as airport experiences normalize.