{"id":3028,"date":"2025-09-17T13:42:06","date_gmt":"2025-09-17T13:42:06","guid":{"rendered":"https:\/\/www.jubi24.com\/?p=3028"},"modified":"2025-09-17T13:42:08","modified_gmt":"2025-09-17T13:42:08","slug":"stubhub-prices-ipo-at-23-50-valuing-company-at-8-6-billion","status":"publish","type":"post","link":"https:\/\/www.jubi24.com\/?p=3028","title":{"rendered":"StubHub prices IPO at $23.50, valuing company at $8.6 billion"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\" \/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-107400590\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>The StubHub logo is seen at its headquarters in San Francisco.<\/p>\n<p>Andrej Sokolow | Picture Alliance | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">Online ticket platform StubHub priced its IPO at $23.50, in a share sale that values the company at $8.6 billion.<\/p>\n<p>The pricing <a href=\"https:\/\/www.prnewswire.com\/news-releases\/stubhub-announces-pricing-of-initial-public-offering-302558424.html?tc=eml_cleartime\" target=\"_blank\">late Tuesday<\/a> landed at the midpoint of the expected range that the company gave last week, raising $800 million. StubHub said its shares are expected to begin trading on the New York Stock Exchange on Wednesday under the symbol &#8220;STUB.&#8221;<\/p>\n<p>The San Francisco-based company was co-founded by Eric Baker in 2000, and was acquired by eBay for $310 million\u00a0<a href=\"https:\/\/www.cnbc.com\/2007\/01\/10\/ebay-to-buy-stubhub-for-310-million.html\">seven years later<\/a>. Baker reacquired StubHub in 2020 for roughly\u00a0<a href=\"https:\/\/www.cnbc.com\/2019\/11\/25\/ebay-nears-deal-to-sell-stubhub-to-viagogo-for-about-4-billion-dj-citing-sources.html\">$4 billion<\/a>\u00a0through his new company Viagogo, which operates a ticket marketplace in Europe.<\/p>\n<p>StubHub has been trying to go public for the past several years, but delayed its public debut twice. The most recent stall came <a href=\"https:\/\/www.cnbc.com\/2025\/04\/04\/klarna-stubhub-delay-ipos-as-trumps-tariffs-roil-markets.html\">in April<\/a> after President <a href=\"https:\/\/www.cnbc.com\/donald-trump\/\">Donald Trump<\/a>&#8216;s &#8220;liberation day&#8221; tariffs roiled markets.<\/p>\n<p>The company filed an <a href=\"https:\/\/www.cnbc.com\/2025\/08\/11\/stubhub-ipo-back-on-for-september-after-company-delayed-plans-in-april.html\">updated prospectus<\/a> in August, effectively restarting the process to go public.<\/p>\n<p>The initial public offering market has bounced back in recent months after an extended dry spell due to high inflation and rising interest rates. <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-7\"><a href=\"https:\/\/www.cnbc.com\/quotes\/KLAR\/\">Klarna<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\" \/><\/button><\/span><\/span><\/span> made its <a href=\"https:\/\/www.cnbc.com\/2025\/09\/10\/klarna-klar-stock-soars-after-us-ipo.html\">debut<\/a> on the NYSE last week after the online lender also delayed its IPO in April. Tyler and Cameron Winklevoss&#8217; <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-9\"><a href=\"https:\/\/www.cnbc.com\/quotes\/undefined\/\">Gemini<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\" \/><\/button><\/span><\/span><\/span>, stablecoin issuer <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-10\"><a href=\"https:\/\/www.cnbc.com\/quotes\/CRCL\/\">Circle<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\" \/><\/button><\/span><\/span><\/span>, Peter Thiel-backed\u00a0<a href=\"https:\/\/www.cnbc.com\/2025\/08\/13\/crypto-exchange-bullish-more-than-doubles-in-nyse-debut-after-pricing-ipo-above-expected-range.html\">cryptocurrency exchange<\/a> <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-12\"><a href=\"https:\/\/www.cnbc.com\/quotes\/BLSH\/\">Bullish<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\" \/><\/button><\/span><\/span><\/span>, and design software company <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-13\"><a href=\"https:\/\/www.cnbc.com\/quotes\/FIG\/\">Figma<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\" \/><\/button><\/span><\/span><\/span> have all soared in their respective debuts.<\/p>\n<p>At the top of the pricing range StubHub offered last week, the company would have been valued at $9.2 billion. StubHub had sought a $16.5 billion valuation before it began the IPO process,\u00a0<a href=\"https:\/\/www.cnbc.com\/2024\/04\/12\/stubhub-eyes-summer-ipo-seeks-16point5-billion-valuation.html\">CNBC previously reported<\/a>.\u00a0<\/p>\n<p>StubHub said in its <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1337634\/000119312525177809\/d225849ds1a.htm\" target=\"_blank\">updated prospectus<\/a> that first-quarter revenue increased 10% from a year earlier to $397.6 million.\u00a0Operating income came in at $26.8 million for the period.<\/p>\n<p>The company&#8217;s net loss widened to $35.9 million from $29.7 million a year ago.<\/p>\n<\/div>\n<div class=\"group\">\n<div class=\"RelatedContent-relatedContent\" id=\"RegularArticle-RelatedContent-1\">\n<div class=\"RelatedContent-container\">\n<div class=\"RelatedContent-nonCollapsibleContent\">\n<h2 class=\"RelatedContent-header\">Don\u2019t miss these insights from CNBC PRO<\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-108198681\">\n<div role=\"button\" id=\"Placeholder-ArticleBody-Video-108198681\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000388798\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><span class=\"InlineVideo-videoButton\" \/><span \/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.cnbc.com\/2025\/09\/16\/stubhub-ipo-price-23point50-valuing-company-8point6-billion.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The StubHub logo is seen at its headquarters in San Francisco. Andrej Sokolow | Picture Alliance | Getty Images Online ticket platform StubHub priced its IPO at $23.50, in a share sale that values the company at $8.6 billion. The pricing late Tuesday landed at the midpoint of the expected range that the company gave &#8230; <a title=\"StubHub prices IPO at $23.50, valuing company at $8.6 billion\" class=\"read-more\" href=\"https:\/\/www.jubi24.com\/?p=3028\" aria-label=\"Read more about StubHub prices IPO at $23.50, valuing company at $8.6 billion\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":3029,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-3028","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.jubi24.com\/wp-content\/uploads\/2025\/09\/StubHub-prices-IPO-at-2350-valuing-company-at-86-billion.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/3028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3028"}],"version-history":[{"count":1,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/3028\/revisions"}],"predecessor-version":[{"id":3030,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/3028\/revisions\/3030"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/media\/3029"}],"wp:attachment":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}