The ticket reseller StubHub sign on display at the New York Stock Exchange’s IPO’s New York Stock Exchange on September 17, 2025.
NYSE
After a long wait for it to be published, StubHub I live a rough life on the New York Stock Exchange.
Stocks in the online ticket vendor fell 10% on Friday, falling for the third consecutive day since it debuted on Wednesday. At $18.46, the stock is currently down 21% from the IPO price of $23.50.
Stubhub, trading under the ticker symbol “Stub” is lagging behind fellow markets like online lenders Klarnadesign software company Figma and Stablecoin Publisher Roundwhich has brought early returns to investors following recent IPOs. Cybersecurity company stocks netskope It also rose 10% on the second Friday after the first pop on Thursday.
StubHub has been trying to release it for the past few years, but has delayed its debut twice. The latest food stall came in April after an announcement that President Donald Trump had wiped out tariffs, announced the market. The company filed an updated prospectus in August and effectively resumed its process of publishing it, and since then its market capitalization has slid from $8.6 billion in IPO to about $6.8 billion.
Founded in 2000, StubHub generates revenue primarily from connecting buyers with ticket resellers. In the first quarter, revenues rose 10% from the previous year to $397.6 million. The company’s net losses increased to $35.9 million from $29.7 million the previous year.
StubHub CEO Eric Baker told CNBC on Wednesday that the company expects federal regulations on transparent ticket prices to be introduced recently, causing a “one-time” hit in financial results.
Regulators have zero online ticket sellers on the pricing mechanism and whether companies are doing enough to keep checking auto-purchase bots. The Federal Trade Commission sued StubHub’s rival on Thursday Live Nation EntertainmentTicketmaster’s parent company accuses it of an illegal resale tactic.
StubHub has not been able to excite Wall Street, but that struggle has not penetrated other deals as the Tech IPO market continues to show signs of a revival after the extended dry spell. Amazon Reseller Pattern Groups The stock initially slipped at 6%, but on Friday, the stock rose 12%.
Watch: StubHub CEO of Company’s IPO
