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Eric Baker, co-founder and CEO of Reseller Bilet Stubhub, ring the entrance bell during the IPO company on the New York Stock Exchange in New York, USA, September 17, 2025.
Brendan McDerdia | Reuters
StubHub Stock opened at $ 25.35 In his debut in New York on Wednesday after the seller online Biles at the IPO price in the center of the expected range.
Prices late Tuesday At $ 23.50, $ 800 million has been raised for the company, and is now traded under the STUB dizziness.
The long -awaited IPO STUBHUB comes after the company stop his plans in April when President Donald Trump Tariffs “Liberation Day” sent the stock market to the tail BAP. It was another Such a delay, after the volatility of the market forced StubHub temporarily postpone its IPO plans in July 2024.
IPO is the latest in the shimmer of technological proposals when the market bounces off the gloomy few years. Swedish buy now, pay later firm Clear and TwinsLast week, Crypto, founded by Cameron and Tyler Winklevos. Peter Til supported Exchange of cryptocurrencies HauntingDesign Software Company Fig and the stablecoin issuer Wheel They also came to the market in recent months.
In his 25-year history, StubHub has survived a number of operations to get to this point. It was purchased Fuck for 310 million dollars In 2007But was launched by its co -founder Eric Beker in 2020. Approximately than 4 billion dollars Through its new company Viagogo.
Stubhub took advantage of the revival on the market of live events over the years after the closure of COVID. Sales were also excited with massive shows such as Taylor Swift’s Eras Tour and Tour Beyoncé’s Renaissance, as well as sports activities such as Super Bowl.
The company said in its Updated Avenue Last month, such events can also make the StubHub income tinkering and difficult to predict.
In the first quarter, StubHub reported 10% revenue growth compared to $ 397.6 million. Its net loss increased to $ 35.9 million from $ 29.7 million a year ago. Rough commodity sales, which are the total value of the dollar paid by the ticket buyers, reached $ 2.08 billion in the three months, which ended on March 31.
STUBHUB primarily brings profits from connecting buyers with ticket resellers. Last year, more than 40 million tickets from approximately millions of sellers were sold on the STUBHUB market, the company said in August.
It competes with Bright seats. which was voiced Through the Special Purpose Company in 2021, Seatgeek and Ticketmaster Parent Fun in a living nation.
The Federal Trade Commission is at the running stages of Ticketmaster checks on whether it is done enough to avoid automated bots from traversing tickets for a person for popular events, Bloomberg It is reported on Monday, citing people who are familiar with this question.
FTC in May sent prevention Stubhub said he should match the agency The rule of “garbage” And claiming that some of his tickets could not show the total price, including all the required fees and fees.
Madrone Partners is the largest STUBHUB investor, which owns 24.5% Class A to the offer. Westcap ranks second in 12.3%, followed by a bessemer Venture Partners – 8.8%.
