Core Viewpoint - Online ticket platform StubHub is pricing its IPO at $23.50, resulting in a valuation of $8.6 billion, and will trade on the NYSE under the symbol "STUB" [1] Group 1: Company Background - StubHub was co-founded by Eric Baker in 2000 and was acquired by eBay for $310 million in 2007. Baker reacquired StubHub in 2020 for approximately $4 billion through his new company Viagogo [1] - The company has attempted to go public for several years, delaying its public debut twice, with the most recent delay occurring in April due to market volatility caused by tariffs [2] Group 2: IPO Details - The IPO pricing of $23.50 is at the midpoint of the expected range, and at the top of the range, StubHub would have been valued at $9.2 billion. Initially, the company sought a valuation of $16.5 billion before starting the IPO process [4] - StubHub's updated prospectus indicates that first-quarter revenue increased by 10% year-over-year to $397.6 million, while operating income was $26.8 million. However, the company's net loss widened to $35.9 million from $29.7 million a year ago [4] Group 3: Market Context - The IPO market has recently rebounded after a period of stagnation due to high inflation and rising interest rates, with several companies successfully debuting on the NYSE [3]