Shares of StubHub rose 8% in NYSE debut, but closed below issue price. Valued at $9.32 billion initially, shares closed at $22, valuing company at $8.09 billion. Co-founder Eric Baker launched viagogo after selling StubHub. IPO raised $800 million, pricing shares at $22 to $25 each. StubHub aims to become the destination for all live events and tickets, focusing on deleveraging and paying down debt.

IPO market sees resurgence with successful debuts of Klarna, Figure, and Gemini. Tech and crypto stocks lead the way, but concerns linger over inflation and labor market issues. StubHub’s debut could set the tone for competitors struggling in public markets. Rival Vivid Seats down 82% this year, exploring sale options. Investor appetite cautious due to slow revenue growth and industry scrutiny over fees and fairness.

StubHub’s revenue grew 3% in 2025, compared to Live Nation’s 6% growth. Vivid Seats, down 82%, explores sale options after going public in 2021. Investor appetite is cautious due to slow revenue growth and industry scrutiny. Ticket-selling platforms benefit from consumer demand for outdoor events, but face scrutiny over reseller practices amidst events like Taylor Swift’s “The Eras Tour.”

Read more at Yahoo Finance: Ticketing platform StubHub erases gains to close below issue price in choppy NYSE debut