Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against StubHub Holdings, Inc. due to allegations of misleading information in the company's registration statement during its IPO, which has led to significant financial losses for investors [2][4]. Group 1: Company Overview - StubHub Holdings, Inc. conducted its IPO on September 17, 2025, selling approximately 34 million shares of Class A common stock at $23.50 per share [5]. - Following the IPO, the company's stock price has significantly declined, trading as low as $10.31 per share, representing a nearly 56% decrease from the IPO price [8]. Group 2: Financial Performance - In the third quarter of 2025, StubHub reported a free cash flow of negative $4.6 million, a 143% decrease from the previous year's positive free cash flow of $10.6 million [6]. - The company's net cash provided by operating activities was only $3.8 million, reflecting a 69.3% decrease from the prior year, where it reported $12.4 million [6]. Group 3: Legal Proceedings - A federal securities class action has been filed against StubHub, with a deadline of January 23, 2026, for investors to seek the role of lead plaintiff [2]. - The complaint alleges that the registration statement was materially false and misleading, failing to disclose adverse facts about the company's business and operations [4].
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of StubHub