StubHub's IPO Debuts with Initial Gains Amid Ticket Resale Debate

1 min read
Source: AP News
StubHub's IPO Debuts with Initial Gains Amid Ticket Resale Debate
Photo: AP News
TL;DR Summary

StubHub's stock fell 6.4% on its first day of trading on Wall Street, despite raising approximately $800 million in its IPO, reflecting a lackluster market reception amid ongoing industry criticisms and slow revenue growth.

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