All articles tagged with #stubhub ipo
Stock futures are mixed ahead of the Fed's interest rate decision, with Nvidia falling over China restrictions and Uber dropping after a partnership announcement. The market awaits the Fed's decision and Powell's comments, while StubHub goes public.
StubHub Holdings Inc. priced its IPO at $23.50 per share to raise $800 million, valuing the company at $8.64 billion, amid a strong US IPO market and ongoing regulatory scrutiny of the ticket industry. The company aims to expand into new ticket issuance and has a significant ownership stake retained by co-founder Eric Baker. The IPO is led by JPMorgan Chase and Goldman Sachs, with trading expected to start on the NYSE under the symbol STUB.