The ticket marketplace has taken a serpentine route to the hottest IPO market in years. ...

The ticket marketplace has taken a serpentine route to the hottest IPO market in years. ...

Core Insights - Stubhub's IPO opened at $24.96, rising over 8% to $25.43, with a market capitalization of $9.4 billion [1] - The IPO price was set at $23.50 [1] - For the six months ending June 30, Stubhub's gross merchandise volume increased to $4.4 billion, up from $3.9 billion in the same period last year [1]

周三，票务交易平台Stubhub(STUB.US)美国IPO首日开盘报24.96美元，现涨超8%，报25.43美元，市值 94亿美元。IPO价格为23.50美元。在截至6月30日的六个月内，StubHub的商品交易总额(包括买家支付 的费用和卖家获得的收入)增至44亿美元，高于去年同期的39亿美元。 ...

Group 1 - Shares of StubHub rose about 8% in their New York Stock Exchange debut on Wednesday [1] - The ticket reseller marketplace is valued at $9.32 billion following its debut [1] - This performance adds to a streak of positive day-one receptions for technology-related companies [1]

Company Overview - StubHub, an online ticket reseller, successfully completed its IPO on September 17, 2025, with shares opening at $25.35 after pricing at $23.50, raising $800 million [1] - The company is now trading under the ticker symbol "STUB" [1] Market Context - The IPO is part of a broader trend of tech offerings as the market recovers from previous downturns, with other companies like Klarna and Gemini also recently debuting [2] - The market has seen a resurgence with several tech firms, including Bullish, Figma, and Circle, entering the public market in recent months [2] Historical Transactions - StubHub has undergone significant changes in ownership, initially being acquired by eBay for $310 million in 2007 and later reacquired by co-founder Eric Baker in 2020 for approximately $4 billion through Viagogo [3]

Group 1 - StubHub CEO Eric Baker indicated that new federal regulations on transparent ticket pricing will lead to a "one-time" impact on the company's financial results, with expected revenue dip year over year as consumers adjust to the new rules [1] - Baker noted that similar regulations in states like New York resulted in a 10% drop in sales initially, but the market eventually normalized, suggesting that the impact is temporary and the company will recover [2] - StubHub's IPO was priced at $23.50, valuing the company at $8.6 billion, and it is set to begin trading on the New York Stock Exchange under the symbol "STUB" [2]

Core Viewpoint - Heineken is performing relatively well in a challenging consumer environment, despite experiencing weak volume sales in the first half of the year [1] Group 1: Company Performance - Heineken's volume sales were weak in the first half of the year, similar to its peers in the industry [1] Group 2: Investment Perspective - The article suggests a long-term, buy-and-hold investment strategy focused on stocks that can deliver sustainable high-quality earnings, particularly in the dividend and income sectors [1]

We're going to uh let's get now to our guest though that we've been talking about all morning. Of course, online ticket platform StubHub pricing and IPO 2350 a share midpoint of the expected range. Company's value around $8.5% billion.Uh the shares will trade today on the New York Stock Exchange under the ticker symbol stub. It's a good ticker symbol. Stub founder and CEO Eric Baker joins us.Congrats to you. >> Thank you, David. >> Um and welcome here.Um what are you using the money for. Is it a cleaning up ...

Company Overview - StubHub has priced its IPO at $23.50 per share, with a company valuation of approximately $8.5 billion [1] - The shares will be traded on the New York Stock Exchange under the ticker symbol "STUB" [1] Financial Strategy - The IPO proceeds will primarily be used for deleveraging the balance sheet, following a $4 billion acquisition from eBay [2] - A strong balance sheet will allow the company to allocate resources towards business growth rather than debt repayment [3] Market Dynamics - The ticket industry is experiencing a shift towards all-in pricing, which has led to a temporary decrease in customer conversion rates, estimated at around 10% in states like New York [5][7] - Despite short-term impacts, the expectation is that the market will normalize and growth will resume as the pricing becomes standardized across competitors [7][8] Customer Experience - StubHub has advocated for transparent all-in pricing to enhance customer experience, despite initial resistance from some consumers [6][10] - The company aims to leverage AI to improve customer interactions and personalize ticket recommendations based on user data [12][13] Competitive Landscape - Live Nation has been a long-standing competitor in the secondary ticket market, but StubHub focuses on providing a superior customer experience rather than competing solely on market share [24][25] - The company is positioning itself as a one-stop destination for all live events, aiming to simplify the ticket purchasing process for consumers [17][19]