Reaction thread #58596
Investors bet $800M on rocky StubHub IPO as regulators close inUPDATED: The long awaited StubHub IPO hit the market today, marking a defining moment for the secondary ticketing industry. Priced at $23.50 per share, the offering raised nearly $800 million and gave the company a valuation of about $8.6 billion. By day's end shares were down 6.4% below the IPO price.
The post Investors bet $800M on rocky StubHub IPO as regulators close in appeared first on Hypebot.Investors bet $800M on rocky StubHub IPO as regulators close in
www.hypebot.comStubHub’s IPO raises $800M and signals a new era for ticketing. What it means for fans, fees, and competition with Ticketmaster.
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