StubHub priced its IPO at $23.50 per share, giving the online ticket marketplace an $8.6 billion valuation, according to CNBC. The pricing landed at the midpoint of the expected range and follows years of delays, including an April stall when Trump’s tariffs shook markets. StubHub was co-founded in 2000, sold to eBay for $310 million in 2007, and reacquired by founder Eric Baker in 2020 for about $4 billion through Viagogo. StubHub reported first-quarter revenue of $397.6 million, up 10% year-over-year, with operating income of $26.8 million and a widened net loss of $35.9 million.
