StubHub Takes a Hit in Q4 but Bets Big on AI Ticketing Future
StubHub posts $535M Q4 loss and misses forecasts as revenue falls to $449M. Shares drop after weak outlook despite AI strategy.
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UK to Ban Ticket Resale Above Face Value in Crackdown on Touts
UK government announces plans to outlaw reselling concert and sports tickets above original price, targeting touts who inflate costs by up to 490%.
Ticket Platform StubHub Raises $800M in Midrange IPO
StubHub launched its IPO at $23.50, valuing the ticket platform at $8.6 billion and raising $800 million. Co-founder Eric Baker's years-long goal was achieved as "STUB" shares hit NYSE, joining a busy IPO market after multiple delays.