StubHub prices IPO at $23.50, valuing company at $8.6 billion

Company Overview - StubHub, an online ticket platform, has priced its IPO at $23.50 per share, which is at the midpoint of the expected range [1] - The company is valued at approximately $8.6 billion following its IPO [5] Market Position - StubHub operates as a marketplace that allows scalpers to post tickets, differentiating itself from traditional scalping practices [1] - Shares of StubHub are expected to begin trading on the New York Stock Exchange under the ticker symbol "STUB" [6]