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StubHub shares stumble for third day as post-IPO slump deepens
CNBC· 2025-09-19 19:28
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 ...
Ticketing platform StubHub erases gains to close below issue price in choppy NYSE debut
Yahoo Finance· 2025-09-17 16:24
By Ateev Bhandari, Pritam Biswas and Echo Wang (Reuters) - Shares of StubHub rose about 8% in their New York Stock Exchange debut on Wednesday, but closed the day below their issue price as investors welcomed the ticket reseller marketplace with caution. The New York-based company's shares opened at $25.35 per share, compared with the offer price of $23.5, valuing the ticket reseller marketplace at $9.32 billion at first trade. However, the shares reversed course in a volatile trading session to close 6 ...
StubHub's stock opens at $25.35 in NYSE debut after ticket seller's long-awaited IPO
CNBC· 2025-09-17 16:20
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]