StubHub Successfully Raises $800 Million in IPO

Reported about 7 hours ago

In a successful initial public offering, ticket reseller StubHub priced its shares at $23.50, raising approximately $800 million and achieving an $8.6 billion valuation. The New York-based company, which enables ticket purchases for various live events, had paused its IPO plans earlier this year due to market volatility but is now set to trade on the New York Stock Exchange under the symbol 'STUB.'

Source: YAHOO

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