StubHub files for IPO as companies start lining up to go public

StubHub filed to go public on the NYSE under the ticker “STUB” after reporting a $2.8 million net loss on $1.77 billion in revenue for 2024.

The ticket resale platform, founded in 2000, was acquired by eBay in 2007 and later bought back by co-founder Eric Baker in 2020 for $4 billion.

StubHub had postponed its IPO last year due to market conditions but is now moving forward as the IPO market shows signs of revival, CNBC has reported.

Competitors include SeatGeek, Vivid Seats, and Live Nation.

Written by B.C. Begley