StubHub Sets IPO Price Range at $22-$25, Eyes $9.2B Valuation
Ticket-reselling platform StubHub has priced its upcoming IPO between $22 and $25 per share, aiming to raise $851 million at a $9.2 billion valuation. The company will list on the NYSE under the ticker "STUB" in coming days, marking a long-awaited debut after delaying its April plans amid market turbulence.
Founded in 2000 and later acquired by eBay, StubHub represents a resurgence in IPO activity alongside recent listings like cryptocurrency exchange Bullish (BLSH) and design firm Figma. The move reflects renewed confidence in public markets after several lean years.
Notably absent from StubHub's announcement was any direct cryptocurrency linkage, though the broader fintech sector—including crypto-adjacent firms like Gemini—continues to demonstrate IPO ambitions. Market observers view this as part of a broader reopening of capital markets to growth companies.