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StubHub files for IPO on New York Stock Exchange amid market recovery
StubHub has filed for an IPO on the New York Stock Exchange under the ticker symbol “STUB,” following a delay due to unfavorable market conditions. The company reported a net loss of $2.8 million on $1.77 billion in revenue for 2024, contrasting sharply with a $405 million profit on $1.37 billion in revenue in 2023. Founded in 2000 and acquired by eBay in 2007, StubHub was repurchased by co-founder Eric Baker in 2020 for $4 billion.
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