StubHub Raises $800 Million in IPO Amid Strong Market Demand

StubHub secured $800 million through its initial public offering, pricing 34 million shares at $23.50 each—the midpoint of its marketed range. The online ticketing reseller now commands an $8.8 billion valuation, marking a successful third attempt at going public after previous market turbulence derailed earlier plans.

The IPO arrives during a surge in public listings, with recent debuts including Klarna's buy-now-pay-later platform and Gemini, the cryptocurrency exchange founded by the Winklevoss twins. StubHub shares will begin trading on the New York Stock Exchange under the symbol "STUB."

Market conditions contrast sharply with April's failed attempt, when geopolitical tensions and tariff threats rattled investor confidence. The company's resilience underscores renewed appetite for tech-adjacent consumer platforms in public markets.