Core Viewpoint - A class action lawsuit has been filed against StubHub Holdings, Inc. for alleged securities fraud and unlawful business practices following disappointing financial results reported after its IPO [2]. Group 1: Class Action Lawsuit - The lawsuit concerns whether StubHub and its officers engaged in securities fraud or other unlawful business practices [2]. - Investors have until January 23, 2026, to request to be appointed as Lead Plaintiff if they purchased StubHub securities during the Class Period [2]. Group 2: Financial Performance - StubHub conducted its IPO on September 17, 2025, offering 34,042,553 shares at $23.50 each [2]. - The company reported a negative free cash flow of $4.6 million for Q3 2025, a 143% decrease from the positive $10.6 million reported in the same quarter the previous year [2]. - Net cash provided by operating activities was $3.8 million, down 69.3% from $12.4 million in the prior year [2]. - The decline in free cash flow was attributed to changes in the timing of payments to vendors [2]. Group 3: Stock Market Reaction - Following the financial results announcement, StubHub's stock price dropped by $3.95, or 20.9%, closing at $14.87 per share on November 14, 2025 [2].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in StubHub Holdings, Inc. of Class Action Lawsuit and Upcoming Deadlines - STUB