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Should You Buy STUB Stock After the StubHub IPO?
Yahoo Financeยท 2025-09-16 15:46
From reporting gross merchandise sales (GMS) of $4.8 billion in 2022, as live events started to gather momentum after two years of pandemic turmoil, StubHub saw its GMS almost double to close at $8.7 billion in 2024. In the same period, revenues grew to $1.8 billion in 2024 from about a billion dollars in 2022. However, in terms of profitability, the company's record has room for improvement.So, does a fascinating comeback story, and an almost doubling of valuation in six years, warrant investors flocking t ...