Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against StubHub Holdings, Inc. due to allegations of misleading information in their registration statement during the IPO process, which has led to significant financial losses for investors [2][4]. Group 1: Legal Investigation and Class Action - The firm is encouraging investors who suffered losses in StubHub to contact them directly to discuss their legal rights and options [1]. - 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]. Group 2: Financial Performance and Stock Impact - StubHub conducted its IPO on September 17, 2025, selling approximately 34 million shares at $23.50 per share [5]. - The company reported a free cash flow of negative $4.6 million for Q3 2025, a 143% decrease from the previous year's positive free cash flow of $10.6 million [6]. - Following the release of disappointing financial results, StubHub's stock price fell by $3.95 per share, or 20.9%, closing at $14.87 on November 14, 2025 [7]. - By the time of the class action commencement, StubHub's stock had declined nearly 56% from the IPO price, trading as low as $10.31 per share [8].
INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of StubHub