Ticket reseller StubHub signage on display at the New York Stock Exchange for the company's IPO on Sept. 17, 2025.After a long wait to get public, StubHub has had a rough start to life on the New York Stock Exchange. Shares of the online ticket vendor dropped more than 7% on Friday, falling for a third straight day since debuting on Wednesday. At $19, the stock is now down 18% from its IPO price of $23.50. StubHub, trading under ticker symbol "STUB," has lagged behind fellow market newcomers like online len ...

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]