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StubHub (STUB) Recovers From Losses on Bargain-Hunting
Yahoo Finance· 2025-09-24 13:09
Group 1 - StubHub Holdings Inc. (NYSE:STUB) experienced a significant recovery, rising 7.98% to close at $18.80 after a three-day losing streak, driven by investor bargain-hunting [1][3] - The company recently went public, raising $800 million from the issuance of 34 million shares, with plans to use the proceeds to pay down debt and for general corporate purposes [2][3] - Founded in 2000, StubHub operates as an online marketplace for buying and selling tickets for live events [3] Group 2 - Despite the recovery, there is a belief that some AI stocks may offer greater potential for higher returns and limited downside risk compared to StubHub [4]
StubHub (STUB) Gets Snubbed on IPO, Falls 6%
Yahoo Finance· 2025-09-18 15:18
Group 1 - StubHub Holdings, Inc. (NYSE:STUB) experienced a 6.38% decline on its first day of trading, closing at $22 per share, indicating a lack of investor interest compared to technology stocks amid the AI boom [1][3] - The company successfully raised $800 million from its initial public offering (IPO) by issuing over 34 million shares, resulting in a market value of $8.1 billion at market close [2][3] - StubHub plans to utilize the IPO proceeds to pay down debt, with the remaining funds allocated for general corporate purposes [3]